---
schema_version: "secwatch.filing_event.v1"
accession: "0000898432-22-000634"
form_type: "8-K"
ticker: "IRMD"
cik: "0001325618"
company_name: "IRADIMED CORP"
filed_at: "2022-11-04T23:59:59+00:00"
generated_at: "2026-06-22T06:39:45.789246+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Iradimed agrees to buy 27.19 acres in Florida for $7.3M for new facility

## Summary
- Purchase price of $7.3M for approximately 27.19 acres of land in Orange County, FL.
- Earnest money deposits total $250,000; $125,000 initial plus $125,000 additional after inspection.
- Intended use: medical device design and manufacturing facility with future development.
- Seller is O Property, Ltd.; transaction expected to close 30 days after 45-day inspection period.

## SEC filing metadata
- accession: 0000898432-22-000634
- form_type: 8-K
- ticker: IRMD
- cik: 0001325618
- company_name: IRADIMED CORP
- filed_at: 2022-11-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1325618/000089843222000634/0000898432-22-000634-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1325618/000089843222000634/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000898432-22-000634
- JSON: https://secwatch.observer/filing/0000898432-22-000634.json
- Plain text: https://secwatch.observer/filing/0000898432-22-000634.txt

## Key facts
- Debt Financings
  IRADIMED CORP incurred debt of $7,300,000 with O Property, Ltd..
  - Principal: $7,300,000
  - Counterparty: O Property, Ltd.
  - Event: incurrence
  source text: in Orange County, Florida. Under the terms of the Purchase Agreement, O Property, Ltd. agreed to sell approximately 27.19 acres of land to the Company for a purchase price of $7,300,000. The foregoing description of the terms of the Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the Purchase Agreement, a copy
  evidence_url: https://www.sec.gov/Archives/edgar/data/1325618/000089843222000634/0000898432-22-000634-index.htm
- Material Agreements
  IRADIMED CORP entered into Purchase Agreement with O Property, Ltd. valued at $7,300,000 (effective 2022-11-01).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: O Property, Ltd.
  - Value: $7,300,000
  - Effective: 2022-11-01
  source text: On November 1, 2022, Iradimed Corporation (the “Company”) entered into a sale and purchase agreement with O Property, Ltd., a Florida limited partnership (the “Purchase Agreement”), pursuant to which the parties agreed to consummate a sale of real property located in Orange County, Florida. Under the terms of the Purchase Agreement, O Property, Ltd. agreed to sell approximately 27.19 acres of land to the Company for a purchase price of $7,300,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1325618/000089843222000634/0000898432-22-000634-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.