---
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"
generated_at: "2026-06-09T18:15:09.671010+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Precision BioSciences extends Durham lease through July 2029; annual base rent ~$1.9M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.03, 1.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-054420
- JSON: https://secwatch.observer/filing/0000950170-23-054420.json
- Plain text: https://secwatch.observer/filing/0000950170-23-054420.txt

## Key facts
- Material Agreements
  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).
  - Action: amendment
  - Agreement: lease
  - Counterparty: Venable Historic, LLC
  - Value: annual base rent during the first period of the extension term of approximately $1.9 million
  - Effective: 2023-10-16
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1357874/000095017023054420/0000950170-23-054420-index.htm

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