---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-106190"
form_type: "8-K"
ticker: "IRIX"
cik: "0001006045"
company_name: "IRIDEX CORP"
filed_at: "2026-03-13T23:59:59+00:00"
generated_at: "2026-05-15T12:16:57.398384+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# IRIDEX signs 90-month lease for new HQ in San Jose; annual rent starts at $646K

## Summary
- Lease of 30,784 sq ft at 5215 Hellyer Ave, San Jose, CA; term 90 months starting July 1, 2026.
- Annual base rent: Year 1 $646,464 ($53,872/month) escalating ~3% annually.
- Six-month rent abatement following commencement; tenant responsible for operating expenses, taxes, utilities.
- Option to extend term for additional 60 months at greater of prior rent or market rent.
- Security deposit of $132,500; lease is triple net.

## SEC filing metadata
- accession: 0001193125-26-106190
- form_type: 8-K
- ticker: IRIX
- cik: 0001006045
- company_name: IRIDEX CORP
- filed_at: 2026-03-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1006045/000119312526106190/0001193125-26-106190-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1006045/000119312526106190/irix-20260309.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-106190
- JSON: https://secwatch.observer/filing/0001193125-26-106190.json
- Plain text: https://secwatch.observer/filing/0001193125-26-106190.txt

## Key facts
- Material Agreements
  IRIDEX CORP entered into Lease with SFIII Hellyer, LLC and SFIII FOS Hellyer Holding, LLC valued at approximately $646,464 (effective 2026-03-09).
  - Action: entry
  - Agreement: lease
  - Counterparty: SFIII Hellyer, LLC and SFIII FOS Hellyer Holding, LLC
  - Value: approximately $646,464
  - Effective: 2026-03-09
  source text: On March 9, 2026, IRIDEX Corporation (the “Company”) and SFIII Hellyer, LLC and SFIII FOS Hellyer Holding, LLC (the “Landlord”) entered into a triple net lease (the “Lease”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1006045/000119312526106190/0001193125-26-106190-index.htm

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