Finch Therapeutics terminates Somerville lease; rent obligations ended June 30

Finch Therapeutics Group, Inc.

Lease for 10,500 sq ft first floor and 25,785 sq ft fourth floor at 200 Inner Belt Road terminated June 30, 2023.
Landlord NRL WCS 200 Inner Belt Prop, LLC executed new lease with third party, triggering termination.
Rent obligations ceased; full security deposit refunded to Finch per Termination Agreement.
Lease originally dated Dec 21, 2015, assigned to Finch Therapeutics, Inc.

item 1.02

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Finch Therapeutics Group, Inc. terminated Lease with NRL WCS 200 Inner Belt Prop, LLC (effective 2023-06-30).

Action: termination
Agreement: lease
Counterparty: NRL WCS 200 Inner Belt Prop, LLC
Effective: 2023-06-30

Exact text from the filing

In accordance with the terms of the Termination Agreement, the Landlord executed a new lease agreement with a third-party tenant for the Premises, and as a result, the Lease terminated on June 30, 2023.

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Finch Therapeutics Group, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-183823

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