secwatch.observer — SEC 8-K summary
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Issuer:     HERON THERAPEUTICS, INC. /DE/ (HRTX)
CIK:        0000818033
Form:       8-K
Filed at:   2025-08-28T23:59:59+00:00
Accession:  0000950170-25-112048
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Heron Therapeutics signs 111-month lease for 16,837 sq ft HQ in Cary, NC at $614,550/month base rent
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- New headquarters at 25 Fenton Main Street, Cary, NC; approximately 16,837 rentable square feet.
- Lease term of ~111 months with one extension option for 84 additional months.
- Monthly base rent $614,550.50 for first 12 months, increases by a percentage each subsequent 12-month term.
- Base rent and estimated operating costs abated for a certain number of months after commencement.
- Tenant receives a one-time right of first refusal on contiguous vacant space.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/818033/000095017025112048/0000950170-25-112048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/818033/000095017025112048/hrtx-20250822.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-112048

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