RESONANT INC. (NYSE:GE) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01
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Entry into a Material Definitive |
On January4, 2017, Resonant Inc. entered into a Standard
Multi-Tenant Office Lease – Gross, dated as of December16, 2016
(the Lease), with
SeaBreeze I Venture – TIC (SeaBreeze) for
approximately 5,250 square feet of office space in Burlingame,
California to serve as a satellite office for employees residing
in the San Francisco Bay area. The initial base rent under the
Lease is approximately $16,700 per month, and is subject to
escalation over the term of the Lease. We also are responsible
for our pro rata share of certain operating expenses and taxes
associated with the office building in which the premises are
located. The term of the Lease will commence on the latter of
February1, 2017 or substantial completion of tenant improvements
and delivery of the premises to us, and will expire on January31,
2022. We have an option to renew the Lease for an additional
two-year term.
We currently lease office space at the same address to a lease
with SeaBreeze dated November 11, 2013, as amended on May5, 2015.
The original lease term expired on November30, 2016, and we
continue to occupy these premises on a month-to-month basis. We
will vacate these premises when we move into the new office space
upon commencement of the Lease.
The foregoing summary of the Lease is qualified in its entirety
by reference to the full text of the agreement, which is attached
as Exhibit10.1 hereto and is incorporated herein by reference.
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Item 9.01 |
Financial Statements and Exhibits. |
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(d) |
Exhibits |
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10.1 |
Standard Multi-Tenant Office Lease – Gross, dated |
About RESONANT INC. (NYSE:GE)
General Electric Company (GE) is a global digital industrial company. The Company’s products and services range from aircraft engines, power generation and oil and gas production equipment to medical imaging, financing and industrial products. Its segments include Power segment offers products and services related to energy production and water reuse; Renewable Energy segment offers renewable power sources; Oil & Gas offers drilling, completion, production and oil field operation; Energy Management offers technologies to electrical power; Aviation designs and produces commercial and military aircraft engines, integrated digital components and mechanical aircraft systems; Healthcare provides essential healthcare technologies; Transportation is a supplier to the railroad, mining, marine, stationary power and drilling industries; Appliances & Lighting offers appliances and a subset of lighting products, and Capital offers continuing financial services businesses and products. RESONANT INC. (NYSE:GE) Recent Trading Information
RESONANT INC. (NYSE:GE) closed its last trading session up +0.09 at 31.61 with 22,120,800 shares trading hands.