secwatch.observer — SEC 8-K summary
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Issuer:     Solid Power, Inc. (SLDP)
CIK:        0001844862
Form:       8-K
Filed at:   2024-08-21T23:59:59+00:00
Accession:  0001104659-24-091609
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Solid Power expands Louisville facility lease, adds 9,600 sq ft and extends term to Dec 2029
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- Third Amendment adds Suite C (9,600 sq ft) to existing 28,840 sq ft, total leased space becomes 38,440 sq ft.
- Lease term extended from Sep 6, 2029 to Dec 31, 2029; expansion commencement date is Jan 1, 2025 or upon wall completion.
- Monthly base rent starts at $47,921.27 (1/1/2025–9/6/2025), escalating to $58,970.60 by Oct–Dec 2029.
- Security deposit increased by $33,026.77 to $77,358.77; Landlord provides a $19,200 tenant improvement allowance for Suite C.
- Facility (SP1) remains corporate HQ for pilot cell production, R&D, and quality control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844862/000110465924091609/0001104659-24-091609-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844862/000110465924091609/tm2422162d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-091609

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