secwatch.observer — SEC 8-K summary
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Issuer:     PRECISION BIOSCIENCES INC (DTIL)
CIK:        0001357874
Form:       8-K/A
Filed at:   2023-10-20T23:59:59+00:00
Accession:  0000950170-23-054420
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03, 1.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1357874/000095017023054420/0000950170-23-054420-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1357874/000095017023054420/dtil-20231016.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-054420

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