other material
confidence high
sentiment neutral
materiality 0.20
Netlist extends Irvine HQ lease through Dec 2029; rent starts at $27,397/mo
NETLIST INC
- Lease amendment extends term to December 31, 2029; no renewal option remains.
- Annual base rent begins at $27,396.65/month in 2027, with ~3% increases each lease year.
- Premises unchanged: ~14,809 rentable sq ft at 111 Academy, Suite 100, Irvine, CA.
- Right to extend term deleted; all other lease terms remain in effect.
- Tenant accepts premises on an as-is basis; no additional landlord improvements.