{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-150441","form_type":"8-K","ticker":"LYRA","cik":"0001327273","company_name":"Lyra Therapeutics, Inc.","filed_at":"2026-04-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.140782+00:00","generated_at":"2026-05-15T06:39:45.578421+00:00","sec_items":["1.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"confidence":"high","headline":"Lyra Therapeutics terminates two leases, forfeits $1.4M deposits and pays $2.5M in fees","bullets":["Watertown lease (22,343 SF): forfeits $302,514.84 LC deposit + pays $1M modification; lease ends May 31, 2026.","Waltham lease (28,858 SF): forfeits $1,089,389 LC deposit + pays $1.5M termination fee; lease ends May 31, 2026.","Contingent: if Sale Transaction closes, Lyra pays 10% of Net Cash up to $1.5M.","Rent obligations ceased Jan 31, 2026 (Watertown) and Mar 31, 2026 (Waltham)."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-150441","json":"https://secwatch.observer/filing/0001193125-26-150441.json","markdown":"https://secwatch.observer/filing/0001193125-26-150441.md","text":"https://secwatch.observer/filing/0001193125-26-150441.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1327273/000119312526150441/0001193125-26-150441-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1327273/000119312526150441/d345211d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T06:39:45.578421+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}