ASHS extends Orlando Health proton beam lease 7 years to 2033; payment based on technical component collections

AMERICAN SHARED HOSPITAL SERVICES

Lease term extended from April 6, 2026 to April 5, 2033 for Mevion S250 proton therapy system.
Lease payments during extension set as decreasing percentage of Technical Component Collections (percentages redacted).
Orlando Health granted purchase option exercisable April 2030–2032 at redacted price; removal required if not exercised.
ASHS must remove equipment at own cost; must post surety bond or alternative security for removal obligation.
Both parties restricted from launching competing proton programs in central Florida before April 2033; ASHS gets ROFO on any sale.

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

AMERICAN SHARED HOSPITAL SERVICES amended Amendment Two to Proton Beam Radiation Therapy Lease Agreement with Orlando Health, Inc. (effective 2026-03-13).

Action: amendment
Agreement: lease
Counterparty: Orlando Health, Inc.
Effective: 2026-03-13

Exact text from the filing

On March 13, 2026, the Company and Orlando Health entered into Amendment Two to Proton Beam Radiation Therapy Lease Agreement (the “Amendment”).

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Source: SEC EDGAR

accession 0001437749-26-008996

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