secwatch.observer — SEC 8-K summary
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Issuer:     ASSEMBLY BIOSCIENCES, INC. (ASMB)
CIK:        0001426800
Form:       8-K
Filed at:   2023-08-07T23:59:59+00:00
Accession:  0000950170-23-039043
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Assembly Biosciences subleases ~20K sq ft HQ in South San Francisco for 24 months
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- Sublease with Arsenal Biosciences for 2 Tower Place, 7th Floor, South San Francisco; term begins Nov 1, 2023 or later.
- Monthly base rent: $109,906.50 for months 1-12; $113,753.23 for months 13-24.
- Security deposit of $219,813 required; Company pays share of operating expenses, taxes, utilities.
- Option to extend through balance of sublessor's master lease; rent capped at $6.25/sq ft with 3.5% annual increases.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1426800/000095017023039043/0000950170-23-039043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1426800/000095017023039043/asmb-20230804.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-039043

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