Amprius enters 774K sq ft lease in Colorado for GWh-scale battery plant; contingent on zoning approval

Amprius Technologies, Inc.

Lease for 774,155 sq ft at 18875 E Bromley Lane, Brighton, CO, 180-month term starting June 1, 2024.
Base rent $4.50–$7.04/sq ft/yr; first 19 months have rent abatement (6 months full, then partial).
Zoning contingency: lease automatically terminates if zoning for manufacturing not obtained by Sept 30, 2023 (Landlord may extend).
Two 5-year extension options available; security deposit of $1,200,000.
Landlord may buy out up to 35.41% of abated rent via discounted cash payment.

item 1.01 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 0.95

Amprius Technologies, Inc. entered into Lease Agreement with Starboard Platform Brighton JV LLC (effective 2023-04-15).

Action: entry
Agreement: lease
Counterparty: Starboard Platform Brighton JV LLC
Effective: 2023-04-15

Exact text from the filing

On April 15, 2023, Amprius Technologies, Inc., a Delaware corporation (the “Company”), entered into a Lease Agreement (the “Lease Agreement”) with Starboard Platform Brighton JV LLC (the “Landlord”) to lease premises consisting of approximately 774,000 square feet of space, located at 18875 East Bromley Lane, Brighton, Colorado 80601, to build the Company’s GWh-scale manufacturing facility.

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Source: SEC EDGAR

accession 0001899287-23-000037

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