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confidence high
sentiment neutral
materiality 0.25
Cheetah Net enters 3-year lease for Irvine office space; monthly rent $42k-$45k
CHEETAH NET SUPPLY CHAIN SERVICE INC.
- Lease for ~15,000 sq ft at 8707 Research Drive, Irvine, CA 92618.
- Term from July 23, 2024 to July 31, 2027; monthly base rent $42,000-$45,427.
- Security deposit of $100,000; West Buy Media (wholly owned by CEO) is guarantor.
- Lessor is Zina Development, LLC; property used for general office purposes.
- Lease contains customary termination, renewal, and expense provisions.