ReShape Lifesciences signs lease to move HQ to Irvine; expects $240K annual rent savings

Vyome Holdings, Inc

Leased 5,038 sq ft at 18 Technology Drive, Irvine, CA starting May 1, 2023, for 36 months.
Relocation from San Clemente to Irvine expected to save ~$240,000 per year in rent.
Initial monthly rent $9,068 after 2-month abatement, with scheduled increases.
Current San Clemente lease expires June 30, 2023.

item 1.01

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

Vyome Holdings, Inc entered into Lease with The Irvine Company LLC valued at $9,068 per month (effective 2023-03-13).

Action: entry
Agreement: lease
Counterparty: The Irvine Company LLC
Value: $9,068 per month
Effective: 2023-03-13

Exact text from the filing

On March 13, 2023, ReShape Lifesciences Inc. (the “Company”) entered into a lease (the “Lease”) with The Irvine Company LLC, a Delaware limited liability company (the “Landlord”), whereby the Company agreed to lease approximately 5,038 square feet at 18 Technology Drive, Suite 110, Irvine, California 92618.

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Vyome Holdings, Inc filing history →

Source: SEC EDGAR

accession 0001558370-23-004282

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