secwatch.observer — SEC 8-K summary
======================================

Issuer:     RxSight, Inc. (RXST)
CIK:        0001111485
Form:       8-K
Filed at:   2024-04-23T23:59:59+00:00
Accession:  0000950170-24-046558
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

RxSight enters new lease and amends two leases for Aliso Viejo facilities with ~$10.8M future minimum payments
--------------------------------------------------------------------------------

- New 26,825 sq ft lease at 125 Columbia: base rent $41,579/mo, term June 1, 2024–Jan 31, 2031, with two 60-month renewal options.
- Amended 5 Columbia lease: extended 70 months from April 2025; base rent $30,701/mo with escalations from April 2027.
- Amended 100 Columbia lease: extended 76 months from Oct 2024; base rent $64,843/mo with escalations from Oct 2025.
- Future minimum lease payments total ~$10.8M: $0.2M in 2024, $1.4M in 2025, $1.6M in 2026, $1.8M in 2027/2028, $4.0M thereafter.
- Leases align end dates to Jan 2031 across four facilities and add manufacturing capacity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1111485/000095017024046558/0000950170-24-046558-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1111485/000095017024046558/rxst-20240418.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-046558

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