{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-010829","form_type":"8-K","ticker":"VCEL","cik":"0000887359","company_name":"Vericel Corp","filed_at":"2022-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:04:10.181331+00:00","generated_at":"2026-06-27T12:41:46.989728+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Vericel signs 125,749 sq ft lease for Burlington, MA HQ and manufacturing facility","bullets":["Signed 144-month lease with one 120-month extension option for to-be-constructed manufacturing, lab, and office space.","Annual base rent starts at $57/sq ft with 2.5% annual escalations; landlord provides ~$25.1M tenant improvement allowance.","Construction core and shell expected to start Feb 28, 2023; rent begins 13 months later or when Vericel first occupies.","Delivered ~$6.0M letter of credit as security deposit, reducing to ~$4.2M after year 3 and ~$1.8M after year 6.","No material relationship with landlord; facility will serve as new corporate headquarters and primary manufacturing site."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-010829","json":"https://secwatch.observer/filing/0001104659-22-010829.json","markdown":"https://secwatch.observer/filing/0001104659-22-010829.md","text":"https://secwatch.observer/filing/0001104659-22-010829.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/887359/000110465922010829/0001104659-22-010829-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/887359/000110465922010829/tm225156d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T12:41:46.989728+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}