Organovo expands San Diego lease by 2,892 sq ft; lease commences Nov 29, 2021

VivoSim Labs, INC.

Adds 2,892 rentable sq ft (Suite 202) at 11555 Sorrento Valley Road, San Diego; total Premises now 10,943 sq ft.
Initial monthly base rent for expansion: $8,676; increases ~3% annually over 62-month term.
Tenant improvement allowance of $43,380 ($15/sq ft) for expansion space.
Security deposit increased by $32,014 to $143,359 (letter of credit).
Lease commencement on or about Nov 29, 2021; co-terminus with existing lease expiration after 62 months.

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