secwatch.observer — SEC 8-K summary
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Issuer:     IRIDEX CORP (IRIX)
CIK:        0001006045
Form:       8-K
Filed at:   2026-03-13T23:59:59+00:00
Accession:  0001193125-26-106190
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1006045/000119312526106190/0001193125-26-106190-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1006045/000119312526106190/irix-20260309.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-106190

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