Sow Good subleases 141 sq m office in Mexico for ~17 months at $5,250/month

Sow Good Inc.

Sublease agreement with Papsa Merx for office space at Av. Roble 660, San Pedro Garza García, Nuevo León.
Term from February 1, 2024 to June 13, 2025 (approximately 17 months); no renewal option.
Monthly rent fixed at $5,250 USD plus VAT; deposit guarantee of $5,250 USD.
Company intends premises as administrative office; responsible for operating expenses.
Sublessor authorized by original landlord Banco Actinver per lease agreement FPPA_CYTRUS12-01.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Sow Good Inc. entered into Sublease Agreement with Papsa Merx S. de R.S. de C.V. valued at $5,250 USD per month (effective 2024-01-19).

Action: entry
Agreement: lease
Counterparty: Papsa Merx S. de R.S. de C.V.
Value: $5,250 USD per month
Effective: 2024-01-19

Exact text from the filing

On January 19, 2024, Sow Good Inc., a Nevada corporation (the “Company”) entered into a sublease agreement (the “Sublease Agreement”) with Papsa Merx S. de R.S. de C.V., a corporation registered in Mexico City, Mexico (the “Sublessor”).

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Sow Good Inc. filing history →

Source: SEC EDGAR

accession 0001437749-24-002198

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