secwatch.observer — SEC 8-K summary
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Issuer:     Cabaletta Bio, Inc. (CABA)
CIK:        0001759138
Form:       8-K
Filed at:   2024-09-30T23:59:59+00:00
Accession:  0000950170-24-110389
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Cabaletta Bio amends lease with CIC; $5.5M aggregate rent over Initial Term
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- Lease Amendment effective Oct 1, 2024 with CIC Innovation Communities.
- Neither party may terminate office/lab space from Oct 2024 through Aug 2026 (Initial Term) except by mutual agreement or CIC breach/bankruptcy.
- Company granted option to extend Initial Term by two additional 18-month terms.
- Aggregate monthly rent approx. $240,000; total $5.5M over Initial Term.
- Prior 30-day (office) and 90-day (lab) termination rights suspended during Initial Term.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1759138/000095017024110389/0000950170-24-110389-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1759138/000095017024110389/caba-20240930.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-110389

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