secwatch.observer — SEC 8-K summary
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Issuer:     C3.ai, Inc. (AI)
CIK:        0001577526
Form:       8-K
Filed at:   2021-08-27T23:59:59+00:00
Accession:  0001628280-21-017729
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

C3.ai signs ~$103M 10.5-year lease for new headquarters at 1400 Seaport Blvd
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- Lease for 283,015 sq ft in two towers at 1400 Seaport Blvd, Redwood City; term 126 months.
- Total undiscounted base rent ~$103.1M; $12.6M letter of credit provided to landlord.
- Occupancy in phases; first two phases target Jan 1, 2022, subject to landlord delivery.
- Third Amendment adds 15,183 sq ft at existing 1300 Seaport lease and extends term if new space delivery delayed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1577526/000162828021017729/0001628280-21-017729-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1577526/000162828021017729/ai-20210825.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-017729

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