---
schema_version: "secwatch.filing_event.v1"
accession: "0001753926-22-001508"
form_type: "8-K"
ticker: "VANI"
cik: "0001266806"
company_name: "Vivani Medical, Inc."
filed_at: "2022-11-28T23:59:59+00:00"
generated_at: "2026-06-21T12:36:05.777610+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Vivani Medical enters 124-month lease for new HQ in Alameda, CA; annual rent starts at $2.68M

## Summary
- 124-month lease for 43,645 sq ft at 1350 South Loop Road, Alameda, CA, commencing June 1, 2023.
- Base rent escalates from $2,676,311/year (first year) to $3,596,784/year (final year).
- Rent abatement for first 4 months totaling $892,104.
- Security deposit of $1,338,156, reducible after 3 and 5 years.
- Lease includes option to extend and tenant improvement allowance of $120/sq ft.

## SEC filing metadata
- accession: 0001753926-22-001508
- form_type: 8-K
- ticker: VANI
- cik: 0001266806
- company_name: Vivani Medical, Inc.
- filed_at: 2022-11-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1266806/000175392622001508/0001753926-22-001508-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1266806/000175392622001508/g083273_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001753926-22-001508
- JSON: https://secwatch.observer/filing/0001753926-22-001508.json
- Plain text: https://secwatch.observer/filing/0001753926-22-001508.txt

## Key facts
- Material Agreements
  Vivani Medical, Inc. entered into a lease with 1350 South Loop, LLC valued at $2,676,311.40 per year (effective 2022-11-21).
  - Action: entry
  - Agreement: lease
  - Counterparty: 1350 South Loop, LLC
  - Value: $2,676,311.40 per year
  - Effective: 2022-11-21
  source text: On November 28, 2022, Vivani Medical, Inc. (“Vivani”) entered into a 124-month lease agreement, effective November 21, 2022, with 1350 South Loop, LLC to rent premises for its new corporate headquarters with a commencement date of June 1, 2023. Vivani will rent approximately 43,645 square feet at a rate beginning at $2,676,311.40 per year, and increasing to $3,596,784.45 per year in 2033. In addition to the base rent, Vivani is also responsible for certain expenses and taxes. The premises is located at 1350 South Loop Road, Alameda CA 94502.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1266806/000175392622001508/0001753926-22-001508-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.