---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-230628"
form_type: "8-K"
ticker: "PCVX"
cik: "0001649094"
company_name: "Vaxcyte, Inc."
filed_at: "2023-09-07T23:59:59+00:00"
generated_at: "2026-06-10T22:52:16.458235+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Vaxcyte expands HQ by assuming 36,593 sq ft lease at 825 Industrial Road, San Carlos

## Summary
- Assumed lease from Codexis for ~36,593 rentable sq ft at 825 Industrial Road, San Carlos.
- Lease term expires November 30, 2031; base rent starts at $5.85/sq ft/month with 3% annual increases.
- Three-month rent abatement after effective date (expected ~October 1, 2023).
- Company to provide $220,656 letter of credit as security deposit.
- This expansion supplements existing 77,734 sq ft Vaxcyte headquarters lease at the same building.

## SEC filing metadata
- accession: 0001193125-23-230628
- form_type: 8-K
- ticker: PCVX
- cik: 0001649094
- company_name: Vaxcyte, Inc.
- filed_at: 2023-09-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1649094/000119312523230628/0001193125-23-230628-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649094/000119312523230628/d452686d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-230628
- JSON: https://secwatch.observer/filing/0001193125-23-230628.json
- Plain text: https://secwatch.observer/filing/0001193125-23-230628.txt

## Key facts
- Material Agreements
  Vaxcyte, Inc. entered into Assignment and Assumption of Lease Agreement with Codexis, Inc. valued at initial monthly base rent of $5.85 per rentable square foot (approximately 36,593 rentable square fe (effective 2023-10-01).
  - Action: entry
  - Agreement: lease
  - Counterparty: Codexis, Inc.
  - Value: initial monthly base rent of $5.85 per rentable square foot (approximately 36,593 rentable square fe
  - Effective: 2023-10-01
  source text: On September 1, 2023, Vaxcyte, Inc. (the “Company”) entered into an assignment and assumption of lease agreement (the “Assignment Agreement”) with Codexis, Inc. (the “Assignor”) for the purposes of expanding the Company’s headquarters located at 825 Industrial Road in San Carlos, California (the “Building”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1649094/000119312523230628/0001193125-23-230628-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.