secwatch.observer — SEC 8-K summary
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Issuer:     SOLITRON DEVICES INC (SODI)
CIK:        0000091668
Form:       8-K
Filed at:   2021-11-09T23:59:59+00:00
Accession:  0001654954-21-011814
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Solitron Devices extends lease at reduced rent through March 2022 due to relocation delay
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- Lease extended: partial premises through Feb 28, 2022 and remainder through Mar 31, 2022.
- Rent reduced to $3,000/month (Jan/Feb) and $1,500 (Mar) from prior $38,808/month.
- Company conveys its air conditioning unit to landlord as consideration.
- Delay in moving to newly acquired Florida facility (April 2021) due to circumstances beyond control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91668/000165495421011814/0001654954-21-011814-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91668/000165495421011814/sodi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-21-011814

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