secwatch.observer — SEC 8-K summary
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Issuer:     COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI)
CIK:        0001158324
Form:       8-K
Filed at:   2023-01-11T23:59:59+00:00
Accession:  0001104659-23-002962
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158324/000110465923002962/0001104659-23-002962-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158324/000110465923002962/tm232695d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-002962

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