secwatch.observer — SEC 8-K summary
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Issuer:     AeroVironment Inc (AVAV)
CIK:        0001368622
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001104659-22-116143
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

AeroVironment amends lease, expands Moorpark premises, extends term to March 2027
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- Second Amendment expands premises and extends lease through March 31, 2027.
- Base monthly rent: $125,150.74 (first 12 months), $128,073.76 (months 13-24), $131,065.75 (months 25-40).
- AeroVironment becomes sole tenant responsible for 100% of building operating expenses.
- Option to extend lease for one 48-month period and one 60-month period at fair market rental value (min. 104% of preceding rent).
- Amendment effective November 2, 2022; commences January 1, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1368622/000110465922116143/0001104659-22-116143-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1368622/000110465922116143/tm2230072d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-116143

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