secwatch.observer — SEC 8-K summary
======================================

Issuer:     SOLITRON DEVICES INC (SODI)
CIK:        0000091668
Form:       8-K
Filed at:   2021-11-24T23:59:59+00:00
Accession:  0001654954-21-012599
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Solitron Devices extends lease through April 2022, pays reduced rent after January
--------------------------------------------------------------------------------

- Replacement Lease Amendment: full premises through Jan 31, 2022; partial through Mar 31 and Apr 30, 2022.
- Rent: $41,291.86 for Jan 2022; $3,000/month for Feb and Mar; $1,500 for Apr 2022.
- Parking rights reduced to 20 spaces (Feb-Mar) and 10 spaces (Apr); air conditioning unit conveyed to landlord.
- Lease extension needed because relocation of manufacturing and HQ delayed beyond original year-end target.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91668/000165495421012599/0001654954-21-012599-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91668/000165495421012599/sodi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-21-012599

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