Tenax Therapeutics terminates HQ lease with $169,867 payment; no further obligations

TENAX THERAPEUTICS, INC.

Lease termination with CCP Concourse, LLC, effective Feb 8, 2023.
Company paid $169,867.41 to Landlord to settle all claims and obligations.
Lease originally expired June 30, 2024; company vacated premises Oct 31, 2022.
No remaining rent or future obligations under the Lease.

item 1.02 item 9.01

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

TENAX THERAPEUTICS, INC. terminated Lease with CCP Concourse, LLC valued at $169,867.41 (effective 2023-02-08).

Action: termination
Agreement: lease
Counterparty: CCP Concourse, LLC
Value: $169,867.41
Effective: 2023-02-08

Exact text from the filing

On February 7, 2023, Tenax Therapeutics, Inc. (the “Company”) entered into a Lease Termination Agreement with CCP Concourse, LLC, a Virginia limited liability company (the “Landlord”) with respect to the Company’s lease (the “Lease”) of its headquarters formerly located at ONE Copley Parkway, Suite 490, Morrisville, North Carolina (the “Premises”).

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TENAX THERAPEUTICS, INC. filing history →

Source: SEC EDGAR

accession 0001654954-23-001580

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