secwatch.observer — SEC 8-K summary
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Issuer:     Beam Global (BEEM)
CIK:        0001398805
Form:       8-K
Filed at:   2026-06-24T21:27:04+00:00
Accession:  0001437749-26-021587
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beam Global leases 54,400 sq ft Yuma facility for manufacturing; 5-year term with purchase option
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- Lease for two industrial buildings totaling ~54,400 sq ft at 653 & 655 E 20th St, Yuma, AZ for manufacturing.
- Term: 5 years (653) and 4 yrs 7 mo (655), commencing July 15, 2026 and Jan 1, 2027, respectively.
- Monthly rent: $7,810.25 initial, then $27,184.50 from Jan 2027 escalating to $30,596.39 by Aug 2030.
- Granted exclusive option to purchase Premises at any time during term; purchase price $4.5M in first year, +3% annually.
- Security deposit of $17,581.01; Lessee responsible for taxes, insurance, operating costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1398805/000143774926021587/0001437749-26-021587-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1398805/000143774926021587/beem20260624c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-021587

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