FibroBiologics terminates sublease early, saves $0.8M in future rent; moves HQ to Houston

FibroBiologics, Inc.

Sublease buyout agreement with United Fire & Casualty terminates sublease effective April 2, 2026, 18 months early.
Single exit payment of $45,108.25 resolves remaining rent obligations; original sublease ran through Nov 30, 2027.
Expected savings of approx. $0.8 million in future rent payments.
Consolidation follows 2025 opening of new 10,000+ sq ft lab and office facility.
Principal executive offices relocated to 9350 Kirby Drive, Suite 300, Houston, TX 77054.

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