secwatch.observer — SEC 8-K summary
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Issuer:     ZIPRECRUITER, INC. (ZIP)
CIK:        0001617553
Form:       8-K
Filed at:   2024-10-21T23:59:59+00:00
Accession:  0001617553-24-000049
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

ZipRecruiter signs lease for new Santa Monica HQ; $8.0M rent over 65 months
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- 24,936 sq ft at 3000 Ocean Park Blvd, Suite 3000, Santa Monica, CA 90405.
- Initial term 65 months; one five-year extension option.
- Aggregate estimated rent ~$8.0M over initial term; $123,000 first month rent paid.
- Provided $1.0M letter of credit to landlord.
- Commencement no earlier than June 1, 2025; current HQ lease expires May 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1617553/000161755324000049/0001617553-24-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1617553/000161755324000049/zip-20241015.htm
  HTML page:      https://secwatch.observer/filing/0001617553-24-000049

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