VivoSim unit Organovo to vacate Suite 202 by Feb 2027, extends San Diego lease to April 2028

VivoSim Labs, INC.

Organovo, Inc. signed a Second Amendment to its Amended and Restated Lease with San Diego Inspire 2, LLC on October 13, 2026 for space at 11555 Sorrento Valley Road, San Diego.
Premises shrink from 10,943 to 8,051 rentable sq ft: Suite 202 (2,892 sq ft) must be vacated and surrendered by February 28, 2027; only Suite 100 remains.
Suite 100 term extended from March 1, 2027 through April 30, 2028 at monthly base rent of $43,072.85 ($5.35/sq ft); no further extension rights remain.
50% rent abatement from March 1 to June 30, 2027: $21,536.43/month, totaling $86,145.70; Tenant's Share drops to 30.36% of the Building and 6.14% of the Project.
Parking passes cut to 20; existing $143,359 letter of credit held unchanged; no tenant improvement allowance for the extension.

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