secwatch.observer — SEC 8-K summary
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Issuer:     IRADIMED CORP (IRMD)
CIK:        0001325618
Form:       8-K
Filed at:   2024-06-03T23:59:59+00:00
Accession:  0001558370-24-008847
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IRADIMED extends headquarters lease by one year to May 2025 in related-party deal
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- Lease term extended to May 31, 2025, with possible month-to-month holdover through Nov 2025.
- Monthly base rent set at $34,133, adjusted annually for CPI; company pays insurance and maintenance.
- Landlord SUSI, LLC is controlled by CEO/President/Chairman Roger Susi, making this a related-party transaction.
- Company waived its second five-year renewal option under the original lease.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1325618/000155837024008847/0001558370-24-008847-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1325618/000155837024008847/irmd-20240529x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-008847

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