Precision BioSciences extends Durham lease through July 2029; base rent $23.98-$37.68/sq ft

PRECISION BIOSCIENCES INC

Lease term extended five years from August 1, 2024 to July 31, 2029 for office and lab space at 302 E Pettigrew St, Durham.
Monthly base rent ranges from $23.98 to $37.68 per rentable square foot, with 2.75% annual escalation.
Amendment executed October 16, 2023 with Venable Historic, LLC.

item 1.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

PRECISION BIOSCIENCES INC amended Tenth Amendment to Lease Agreement with Venable Historic, LLC (effective 2023-10-16).

Action: amendment
Agreement: lease
Counterparty: Venable Historic, LLC
Effective: 2023-10-16

Exact text from the filing

On October 16, 2023, Precision BioSciences, Inc. (the “Company”) and Venable Historic, LLC (the “Landlord”) entered into a Tenth Amendment to Lease Agreement (the “Lease Amendment”)

View on SEC.gov

Browse all material agreements →

PRECISION BIOSCIENCES INC filing history →

Source: SEC EDGAR

accession 0000950170-23-054027

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.