secwatch.observer — SEC 8-K summary
======================================

Issuer:     Clear Secure, Inc. (YOU)
CIK:        0001856314
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0000950142-21-003549
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clear Secure signs 15-year lease for ~120k sq ft NYC headquarters; landlord contributes $18.3M
--------------------------------------------------------------------------------

- Lease for ~120,000 sq ft at 85 Tenth Avenue, NYC, as corporate headquarters.
- 15-year term; rent abatement: 16 months plus additional through Feb 2027 covering prior lease.
- Landlord contributes up to $18,297,770 for tenant's initial alterations.
- Commencement later of Oct 1, 2022 or delivery of fully improved premises.
- Option to renew for one 5- or 10-year term at fair market value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856314/000095014221003549/0000950142-21-003549-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856314/000095014221003549/eh210199056_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-21-003549

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer