secwatch.observer — SEC 8-K summary
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Issuer:     Pulmonx Corp (LUNG)
CIK:        0001127537
Form:       8-K
Filed at:   2024-05-23T23:59:59+00:00
Accession:  0001127537-24-000063
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pulmonx extends and expands headquarters lease through 2035, adds 25,254 sq ft
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- Extended lease for 24,591 sq ft at 700 Chesapeake Dr to July 31, 2035; monthly base rent starts at $113,118.60 Aug 2025.
- Will add 25,254 sq ft at 200 Chesapeake Dr effective June 1, 2028; monthly rent starts at $107,329.50 with 3.5% annual escalations.
- Sublease for Expansion Premises with Genomic Health runs through May 31, 2028; then direct lease with Landlord begins.
- Two five-year extension options granted for the combined 49,845 sq ft premises.
- Four-month rent abatement on Existing Premises (Aug–Nov 2025) valued at $452,474.40.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1127537/000112753724000063/0001127537-24-000063-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1127537/000112753724000063/lung-20240523.htm
  HTML page:      https://secwatch.observer/filing/0001127537-24-000063

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer