secwatch.observer — SEC 8-K summary
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Issuer:     UiPath, Inc. (PATH)
CIK:        0001734722
Form:       8-K
Filed at:   2021-09-30T23:59:59+00:00
Accession:  0001734722-21-000014
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

UiPath leases 26,363 sq ft at One Vanderbilt for HQ through 2038 at $3.95M annual rent
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- Lease of 26,363 rentable sq ft on 60th floor of One Vanderbilt Avenue, New York, NY for new corporate headquarters.
- Initial term from September 24, 2021 through March 31, 2038; fixed annual rent of $3,954,450 payable monthly starting March 2023.
- Rent escalates ~6.7% in March 2028 and ~6.3% in March 2033; plus operating expenses, utilities, and taxes.
- Rent abated through March 2023; security deposit, tenant improvement allowance, and standard lease provisions included.
- No material relationship between UiPath or affiliates and landlord One Vanderbilt Owner LLC beyond the lease.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1734722/000173472221000014/0001734722-21-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1734722/000173472221000014/path-20210924.htm
  HTML page:      https://secwatch.observer/filing/0001734722-21-000014

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