Aware sells Bedford, MA building for $8.85M, nets >$8M to strengthen balance sheet

AWARE INC /MA/

Received $8.85M cash proceeds from sale of Bedford, MA building to FDS Bedford, LLC.
Net proceeds exceed $8M after transaction expenses (broker commissions, escrow release).
Company plans to occupy new leased building in Burlington, MA before year-end 2022.
CEO cites additional flexibility to pursue organic growth and strategic investments.
Sale part of transformation to subscription-based SaaS platform company.

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