Psychemedics terminates Culver City lease; expects $250K net savings

PSYCHEMEDICS CORP

Lease termination effective June 30, 2024 for 5750 Hannum Ave, Culver City, CA.
Consideration payable to landlord is approximately $110,000.
Company expects $250,000 net cost savings over remaining lease term.
Original lease dated July 29, 2019 with Culver City/Hannum, LLC.

item 1.02

PSYCHEMEDICS CORP filing history →

Source: SEC EDGAR

accession 0001171843-24-003243

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.