secwatch.observer — SEC 8-K summary
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Issuer:     BLUE DOLPHIN ENERGY CO (BDCO)
CIK:        0000793306
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001437749-24-033286
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Dolphin subsidiary extends Houston office lease 24 months, expands space 30%
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- BDSC signed 24-month lease extension effective Sep 1, 2024, expiring Aug 31, 2026.
- Premises expanded from 7,675 to 9,961 sq ft by adding Suite 2125 on Nov 1, 2024.
- Base rent: $30/sq ft for months 1-2, then $29/sq ft for months 3-12, back to $30/sq ft for months 13-24.
- Monthly base rent: $24,072.42 from Nov 2024, then $24,902.50 from Sep 2025; additional rent capped at $1,500/month.
- Improvement allowance of $14,941.50 (approx. $1.50/sq ft) must be used within six months of signing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/793306/000143774924033286/0001437749-24-033286-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/793306/000143774924033286/bdco20241104_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-033286

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