---
schema_version: "secwatch.filing_event.v1"
accession: "0000898432-23-000046"
form_type: "8-K"
ticker: "IRMD"
cik: "0001325618"
company_name: "IRADIMED CORP"
filed_at: "2023-02-03T23:59:59+00:00"
generated_at: "2026-06-20T00:52:52.528666+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# iRadimed reinstates land purchase, acquires 26.5 acres in Florida for $6.2M for new manufacturing facility

## Summary
- Purchased ~26.518 acres in Orange County, FL for $6.2M from O Property, Ltd.
- Reinstated previously terminated Nov 2022 purchase agreement; closing occurred Jan 31, 2023.
- Aggregate earnest money of $250k non-refundable except if seller fails to perform.
- Property planned for medical device design and manufacturing facility (manufacturing expansion).

## SEC filing metadata
- accession: 0000898432-23-000046
- form_type: 8-K
- ticker: IRMD
- cik: 0001325618
- company_name: IRADIMED CORP
- filed_at: 2023-02-03T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1325618/000089843223000046/0000898432-23-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1325618/000089843223000046/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000898432-23-000046
- JSON: https://secwatch.observer/filing/0000898432-23-000046.json
- Plain text: https://secwatch.observer/filing/0000898432-23-000046.txt

## Key facts
- Material Agreements
  IRADIMED CORP amended Reinstatement with O Property, Ltd. valued at $6,200,000 (effective 2023-02-02).
  - Action: amendment
  - Agreement: asset purchase
  - Counterparty: O Property, Ltd.
  - Value: $6,200,000
  - Effective: 2023-02-02
  source text: On February 2, 2023, iRadimed Corporation (the “Company”) entered into a reinstatement and amendment (the “Reinstatement”) to the previously announced sale and purchase agreement with O Property, Ltd., a Florida limited partnership (the “Purchase Agreement”) dated as of November 1, 2022, pursuant to which the parties agreed to consummate a sale of real property located in Orange County, Florida. Pursuant to the terms of the Reinstatement, the parties consummated the sale of approximately 26.518 acres of land to the Company for a purchase price of $6,200,000.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1325618/000089843223000046/0000898432-23-000046-index.htm

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