secwatch.observer — SEC 8-K summary
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Issuer:     Organogenesis Holdings Inc. (ORGO)
CIK:        0001661181
Form:       8-K
Filed at:   2024-11-22T23:59:59+00:00
Accession:  0000950170-24-130202
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Organogenesis signs 16.5-year lease for 122,000 sq ft RI biomanufacturing facility, base rent $43/sq ft from 2026
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- Leased 122,000 sq ft at 100 Technology Way, Smithfield, RI for biomanufacturing expansion.
- Initial term ~16.5 years through May 2041; two 10-year renewal options.
- Base rent $43/sq ft starting June 2026, 3% annual escalations; triple net lease.
- Lease contingent on state/local tax incentives; termination right with $1.25M payment if not secured by March 2025.
- Company continues to operate Canton, MA HQ and other facilities in US and Switzerland.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1661181/000095017024130202/0000950170-24-130202-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1661181/000095017024130202/orgo-20241118.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-130202

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