secwatch.observer — SEC 8-K summary
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Issuer:     LFTD PARTNERS INC. (LIFD)
CIK:        0001391135
Form:       8-K
Filed at:   2022-06-07T23:59:59+00:00
Accession:  0001096906-22-001339
Event type: other_material
Sentiment:  positive
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LFTD Partners subsidiary signs 5-year lease to internalize packing, expand space 25%
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- Lease for 6,132 sq ft in Kenosha, WI; term from July 1, 2022 through June 30, 2027.
- Total aggregate space increases to 30,370 sq ft (25% increase).
- Initial base rent $10.75/sq ft/yr with 2.5% annual escalations; plus proportionate taxes and operating costs.
- Internalization of packing functions from third-party contractors, expected to be immediately accretive to EPS.
- Additional office space needed due to continuing growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1391135/000109690622001339/0001096906-22-001339-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1391135/000109690622001339/lsfp-20220531.htm
  HTML page:      https://secwatch.observer/filing/0001096906-22-001339

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