Celcuity extends office lease through April 2026; monthly rent $18K–$18.5K

Celcuity Inc.

Extended term to April 30, 2026 per Fourth Amendment to Lease with West Glen Development.
Base rent: $18,012.27/month (May 2024–Apr 2025); $18,542.44/month (May 2025–Apr 2026).
No broker commissions due; premises accepted as-is with all other lease terms unchanged.

item 1.01 item 9.01

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

Celcuity Inc. amended Fourth Amendment to Lease with West Glen Development I, LLC (effective 2023-03-13).

Action: amendment
Agreement: lease
Counterparty: West Glen Development I, LLC
Effective: 2023-03-13

Exact text from the filing

On March 13, 2023, Celcuity Inc. (the “ Company ”), entered into a Fourth Amendment to Lease (the “ Lease Amendment ”) with West Glen Development I, LLC (“ Landlord ”) that amends that certain Commercial Lease agreement dated September 28, 2017, and amended by that certain First Amendment to Lease dated July 28, 2020 and that certain Second Amendment to Lease dated July 19, 2021 and that certain Third Amendment to Lease dated July 27, 2022 by and between the Company and Landlord (the Commercial Lease, together with the First Amendment and the Second Amendment and the Third Amendment shall be referred to as the “ Lease Agreement ”).

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Source: SEC EDGAR

accession 0001493152-23-007785

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