SideChannel Inc (SDCH)

[vCISO]

Section 1 - Registrant’s Business and Operations Item 1.01 Entry into a Material Definitive Agreement . On October 8, 2018 the Board of Directors authorized the execution of a three year lease for property located at 21819 N. Scottsdale Rd., Scottsdale AZ 85255. This action was taken because of increased business activities in Arizona and the fact that the R& D department will remain in Austin, TX. All other Operations of the Company will be increasing and located in Scottsdale. This class A facility will fit the Company’s current and future needs. The property is 3,859 square feet and the monthly rent is $6,431.67 for the first year with annual increases each of the following years in the approximate amount of $3,600.00. The lease is for 3 years commencing November 1, 2018.