secwatch.observer — SEC 8-K summary
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Issuer:     Sow Good Inc. (SOWG)
CIK:        0001490161
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0001437749-23-029521
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sow Good signs 5-year lease for 51,264 sq ft production facility in Dallas, TX
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- Lease with Prologis for ~51,264 rentable sq ft at 308 Mockingbird Lane, Dallas, TX; term of 62 months starting Nov 1, 2023.
- Base rent starts at $42,506/month after first month free, escalating to $51,716/month in final year.
- Security deposit of $300,000 in letter of credit, reducing to $200k at month 38 and $100k at month 51.
- Company receives $42,506 Essentials Allowance for Prologis Essentials services, must use by March 31, 2024.
- One five-year renewal option at fair market rent is included.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490161/000143774923029521/0001437749-23-029521-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490161/000143774923029521/sowg20231031_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-029521

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer