Surrozen extends HQ lease through April 2029 with escalating rent, $400K early termination option

Surrozen, Inc./DE

Lease term extended 48 months to April 2029; annual base rent starts at $2.3M, rises to $2.6M.
Early termination option (April 2026) requires $400K fee by Dec 31, 2025; notice by Sep 30, 2025.
Extension option reduced from two 5-year to one 4-year option following extended term.
Rent abatement for Jan-Mar 2026 applies if early termination option not exercised.
Amendment updates assignment, net worth, and financial reporting provisions.

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