other_material
confidence medium
sentiment neutral
materiality 0.30
Lifeloc Technologies enters into Amendment No. 3 to License Agreement with Sandia
Lifeloc Technologies, Inc
- On August 26, 2025, Lifeloc Technologies signed Amendment No. 3 to License Agreement 15-C02736 with National Technology & Engineering Solutions of Sandia, LLC.
- The amendment revises provisions on U.S. competitiveness requirements, change of control, assignment, and milestone obligations.
- Certain confidential terms were redacted from the exhibit as non-material and proprietary.
- The amendment was disclosed in an 8-K filed September 2, 2025 and attached as Exhibit 10.1.
item 1.01item 9.01