other material
confidence high
sentiment neutral
materiality 0.40
Amplitude signs direct lease for 57,530 sq ft SF HQ through Feb 2029
Amplitude, Inc.
- Initial monthly base rent $225,325.83, rising ~3% annually; ~$2.6M rent abatement.
- Lease starts Oct 1, 2025 or upon sublease termination; expires Feb 28, 2029.
- Option to extend three years and right to expand by up to 30,938 sq ft.
- Standby letter of credit of $850,000 required through 120 days post-lease.
- Company already occupies the space via sublease ending Sept 30, 2025.