secwatch.observer — SEC 8-K summary
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Issuer:     PCS Edventures!, Inc. (PCSV)
CIK:        0001122020
Form:       8-K
Filed at:   2024-09-25T23:59:59+00:00
Accession:  0001493152-24-038119
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 9.01, 1.01
LLM model:  deepseek-v4-flash:cloud@v2

PCS Edventures enters 62-month lease for warehouse in Meridian, Idaho
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- Leased 20,880 sq ft warehouse at 1135 N. Hickory Ave, Meridian, ID for fulfillment, R&D, QC, and photography.
- No rent for first 2 months; total base rent over 62 months approx. $997,693.
- Monthly payments start Dec 2024 at $15,660, escalating to $17,625 by Dec 2028.
- Option to extend for two additional 5-year terms at 103% of prior year rent, subject to owner approval.
- Company responsible for operating expenses, insurance ($1M liability), and property taxes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1122020/000149315224038119/0001493152-24-038119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1122020/000149315224038119/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-038119

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer