other material
confidence medium
sentiment neutral
materiality 0.25
AeroVironment amends lease, eliminates early termination right at Simi Valley facility
AeroVironment Inc
- Entered Fourth Amendment to Lease with Hillside III LLC for 900 Innovators Way, Simi Valley, CA, dated April 2, 2025.
- The amendment clarifies that the lessee (AeroVironment) has no early termination right, confirming commitment for the remainder of the lease term.
- Previously, a right to terminate early was included in the Second Amendment (May 13, 2020) and is now rendered void.
- No financial terms or changes to rent were disclosed; the amendment is purely a contractual clarification.