other material
confidence high
sentiment neutral
materiality 0.30
DiaMedica Therapeutics subsidiary enters office lease for new headquarters in Minnetonka, MN
DiaMedica Therapeutics Inc.
- Lease for approx 6,175 sq ft at 301 Carlson Parkway, Suite 210, Minnetonka, MN.
- Initial term 5 years 5 months starting Sept 1, 2022, with option to extend 5 years.
- Rent approx $9,000/month after 5-month abatement, plus share of operating expenses and taxes.
- Company to relocate principal executive offices and R&D operations from current Plymouth location.
- Parent company DiaMedica Therapeutics provides lease guaranty; security deposit $8,750.