secwatch.observer — SEC 8-K summary
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Issuer:     AIRGAIN INC (AIRG)
CIK:        0001272842
Form:       8-K
Filed at:   2025-01-07T23:59:59+00:00
Accession:  0000950170-25-003047
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Airgain extends corporate HQ lease to Sept 2031; annual rent $699K starting Jan 2025
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- Lease term extended from Nov 30, 2025 to Sept 30, 2031; no further extension right.
- Annual base rent of $699,051 ($58,254/month) for 12 months from Jan 2025, increasing 3% annually from Jan 2026.
- Rent abatement in effect from Jan 2025 through Oct 2025.
- Company maintains a $55,000 letter of credit as collateral under the amended lease.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1272842/000095017025003047/0000950170-25-003047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1272842/000095017025003047/airg-20241231.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-003047

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