other material
confidence high
sentiment neutral
materiality 0.30
Rigetti subsidiary subleases 12,543 sq ft office/lab in Berkeley from Chinook Therapeutics
Rigetti Computing, Inc.
- Sublease for Suite 200 at 740 Heinz Ave, Berkeley; 12,543 rentable sq ft.
- Term starts no earlier than June 1, 2026, expires Nov 30, 2029.
- Initial monthly base rent $38,111.91 (year 1), escalating to $41,645.91 (year 4).
- Subtenant pays 11.19% pro rata share of operating expenses and $50,000 security deposit.
- Subject to master landlord consent within 60 days; else either party may terminate.