secwatch.observer — SEC 8-K summary
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Issuer:     PRECISION OPTICS CORPORATION, INC. (POCI)
CIK:        0000867840
Form:       8-K
Filed at:   2025-06-03T23:59:59+00:00
Accession:  0001683168-25-004192
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Precision Optics signs 7.5-year lease for ~19,590 sq ft in Littleton, MA
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- Initial term 7.5 years with two 5-year renewal options; base rent $361,435.50/yr (first year), 3% annual escalations.
- Rent abated for first six months; tenant responsible for 7.22% pro-rata share of taxes and operating expenses.
- Tenant has right of first offer on contiguous space in building during lease term or extension.
- Substantial completion of tenant improvements targeted for Aug 1, 2025; if delayed past Oct 1, 2025, tenant gets extra abated rent days.
- If occupancy not delivered by Jan 1, 2026 (excluding tenant delays), tenant may terminate and receive refund.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/867840/000168316825004192/0001683168-25-004192-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/867840/000168316825004192/poci_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-004192

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