{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-054420","form_type":"8-K/A","ticker":"DTIL","cik":"0001357874","company_name":"PRECISION BIOSCIENCES INC","filed_at":"2023-10-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.742140+00:00","generated_at":"2026-06-09T18:15:09.671010+00:00","sec_items":["2.03","1.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Precision BioSciences extends Durham lease through July 2029; annual base rent ~$1.9M","bullets":["Lease term extended five years from Aug 1, 2024 to July 31, 2029.","Monthly base rent ranges from $23.92 to $37.68 per sq ft; annual base rent ~$1.9M.","Base rent subject to annual upward adjustment of 2.75% or 3.0% per suite.","Amendment corrects prior 8-K rental rate disclosure and adds Item 2.03 obligation."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-054420","json":"https://secwatch.observer/filing/0000950170-23-054420.json","markdown":"https://secwatch.observer/filing/0000950170-23-054420.md","text":"https://secwatch.observer/filing/0000950170-23-054420.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1357874/000095017023054420/0000950170-23-054420-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1357874/000095017023054420/dtil-20231016.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T18:15:09.671010+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"47e043ddb732a012476380ebdaf35022497bf365","claim":"PRECISION BIOSCIENCES INC amended Tenth Amendment to Lease Agreement with Venable Historic, LLC valued at annual base rent during the first period of the extension term of approximately $1.9 million (effective 2023-10-16).","evidence_excerpt":"On October 16, 2023, Precision BioSciences, Inc. (the “Company”) and Venable Historic, LLC, successor-in-interest to Venable Tenant, LLC (the “Landlord”), entered into a Tenth Amendment to Lease Agreement (the “Lease Amendment”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1357874/000095017023054420/0000950170-23-054420-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"lease"},{"label":"Counterparty","value":"Venable Historic, LLC"},{"label":"Value","value":"annual base rent during the first period of the extension term of approximately $1.9 million"},{"label":"Effective","value":"2023-10-16"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}