ImmuCell amends lease to defer $488,743 tenant improvement payment over six months

IMMUCELL CORP /DE/

Replaces $488,743 lump-sum rent due July 2024 with $20K/month Jul–Dec 2024 plus $368,743 in Jan 2025.
Additional monthly payments are on top of all other lease amounts; lease must remain current or amendment void.
Fourth Amendment of Lease for Portland, ME facility with TVP, LLC dated June 11, 2024.
Deferral improves short-term cash flow; $368,743 balloon remains in January 2025.

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