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Re: kfcyahoo post# 279856

Tuesday, 01/14/2020 12:38:26 PM

Tuesday, January 14, 2020 12:38:26 PM

Post# of 403022
"Wouldn't they have to sign some sort lease agreement for the new space? Wouldn't that fall under Entry into a Material Definitive Agreement per item 1.01 of form 8k?"

Probably not...especially if it's one of those shared offices that the address suggested to some. "Material" can be a vague term but the monthly rental for such things probably doesn't meet the definition. I'll bet it's for a year or less anyway.

But there's a related event that WOULD require a filing and that's an agreement with the Beverly landlord to settle the existing lease. That Agreement IS material and such a settlement would require a filing under 8-K Item 1.02 Termination of a Material Definitive Agreement.


But can it core A apple?
Yes Ralph, of course it can core A apple.

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