---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-002962"
form_type: "8-K"
ticker: "CCOI"
cik: "0001158324"
company_name: "COGENT COMMUNICATIONS HOLDINGS, INC."
filed_at: "2023-01-11T23:59:59+00:00"
generated_at: "2026-06-20T16:25:29.554039+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Cogent enters two related-party leases with CEO's entities for office and network ops space

## Summary
- Office lease: 54,803 sq ft in Herndon, VA; fixed annual rent $1,205,666 for 5-year term.
- Network operations lease: 1,587 sq ft; fixed annual rent $39,914 for 5-year term.
- Both leases cancellable without penalty upon 60 days' written notice.
- Lessors Thorium LLC and Germanium LLC are owned by CEO David Schaeffer; Audit Committee approved.
- Leases replace a portion of current office space in Northern Virginia.

## SEC filing metadata
- accession: 0001104659-23-002962
- form_type: 8-K
- ticker: CCOI
- cik: 0001158324
- company_name: COGENT COMMUNICATIONS HOLDINGS, INC.
- filed_at: 2023-01-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1158324/000110465923002962/0001104659-23-002962-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1158324/000110465923002962/tm232695d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-002962
- JSON: https://secwatch.observer/filing/0001104659-23-002962.json
- Plain text: https://secwatch.observer/filing/0001104659-23-002962.txt

## Key facts
- Material Agreements
  COGENT COMMUNICATIONS HOLDINGS, INC. entered into New Leases with Thorium LLC valued at $1,205,666 (effective 2023-01-06).
  - Action: entry
  - Agreement: lease
  - Counterparty: Thorium LLC
  - Value: $1,205,666
  - Effective: 2023-01-06
  source text: On January 6, 2023, Cogent Communications, Inc., a wholly owned subsidiary of Cogent Communications Holdings, Inc. (the “Company”), entered into two lease agreements (the “New Leases”), one with Thorium LLC and one with Germanium LLC, entities owned by the Company’s Chief Executive Officer, David Schaeffer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1158324/000110465923002962/0001104659-23-002962-index.htm
- Material Agreements
  COGENT COMMUNICATIONS HOLDINGS, INC. entered into New Leases with Germanium LLC valued at $39,914 (effective 2023-01-06).
  - Action: entry
  - Agreement: lease
  - Counterparty: Germanium LLC
  - Value: $39,914
  - Effective: 2023-01-06
  source text: On January 6, 2023, Cogent Communications, Inc., a wholly owned subsidiary of Cogent Communications Holdings, Inc. (the “Company”), entered into two lease agreements (the “New Leases”), one with Thorium LLC and one with Germanium LLC, entities owned by the Company’s Chief Executive Officer, David Schaeffer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1158324/000110465923002962/0001104659-23-002962-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.