Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Beam Global incurred lease obligation of $340,200 for year 1; (ii) $352,107 for year 2; (iii) $364,430.75 for year 3; (iv) $377,185.82 for year 4; and (v) $390,3 with CRE South 25 th Associates LLC maturing January 31, 2029.
- Instrument
- lease obligation
- Principal
- $340,200 for year 1; (ii) $352,107 for year 2; (iii) $364,430.75 for year 3; (iv) $377,185.82 for year 4; and (v) $390,3
- Counterparty
- CRE South 25 th Associates LLC
- Maturity
- January 31, 2029
- Event
- incurrence
Exact text from the filing
On February 1, 2024, Beam Global, a Nevada corporation (the “Company”), entered into an Amended and Restated Lease Agreement with CRE South 25 th Associates LLC, a Delaware limited liability company (the “Landlord”), pursuant to which the Company has agreed to rent up to approximately 37,800 square feet of manufacturing and office space at 2600 South 25 th Avenue, Broadview, Illinois (the “Lease Agreement”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Beam Global entered into Amended and Restated Lease Agreement with CRE South 25th Associates LLC (effective 2024-02-01).
- Action
- entry
- Agreement
- lease
- Counterparty
- CRE South 25th Associates LLC
- Effective
- 2024-02-01
Exact text from the filing
On February 1, 2024, Beam Global, a Nevada corporation (the “Company”), entered into an Amended and Restated Lease Agreement with CRE South 25 th Associates LLC, a Delaware limited liability company (the “Landlord”), pursuant to which the Company has agreed to rent up to approximately 37,800 square feet of manufacturing and office space at 2600 South 25 th Avenue, Broadview, Illinois (the “Lease Agreement”).
View on SEC.gov