secwatch.observer — SEC 8-K summary
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Issuer:     INTEST CORP (INTT)
CIK:        0001036262
Form:       8-K
Filed at:   2024-05-29T23:59:59+00:00
Accession:  0001437749-24-018544
Event type: other
Sentiment:  neutral
Materiality: 0.20
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

inTEST subsidiary Temptronic extends Mansfield lease through Feb 2032; ~$73.5K/mo starting 2025
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- Lease term extended from Jan 1, 2025 to Feb 29, 2032 for 58,800 sq ft in Mansfield, MA.
- Monthly base rent escalates from $73,500 (2025) to $91,942.81 (2032); two months abatement (Jan-Feb 2025).
- Landlord provides up to $235,200 improvement allowance for alterations, reimbursable if requested by July 31, 2025.
- Two additional five-year renewal options with prevailing market rate rent; right of first offer deleted.
- Landlord to upgrade lighting to LED and install 400-amp electric panel by July 31, 2025, with rent abatement if delayed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1036262/000143774924018544/0001437749-24-018544-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1036262/000143774924018544/intt20240528_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-018544

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