C3.ai subleases 3,130 sq ft to First Virtual Group, chaired by CEO Siebel

C3.ai, Inc.

Sublease of 3,130 sq ft at 1400 Seaport Blvd, Redwood City, CA.
Monthly base rent $8,607.50 through Sep 30, 2023, increasing annually.
Term from Feb 1, 2023 to Sep 30, 2023, auto-renewing yearly unless terminated.
Thomas M. Siebel, CEO and Chairman of C3.ai, also serves as Chairman of Subtenant.

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

C3.ai, Inc. entered into Sublease with First Virtual Group, Inc. (effective 2023-02-21).

Action: entry
Agreement: lease
Counterparty: First Virtual Group, Inc.
Effective: 2023-02-21

Exact text from the filing

On February 21, 2023, C3.ai, Inc. (the “ Company ”) and First Virtual Group, Inc. (the “ Subtenant ”) entered into a sublease agreement (the “ Sublease ”) pursuant to which the Company will sublease to Subtenant approximately 3,130 square feet of space

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Source: SEC EDGAR

accession 0001628280-23-005071

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