−Removed: Our executive offices are located at 399
−Removed: Park Avenue New York, New York 10022.
−Removed: Our executive offices are provided to us by an affiliate of the Sponsor and we have agreed
−Removed: to pay such affiliate of the Sponsor a total of $10,000 per month for office space, utilities and secretarial and administrative
−Removed: We consider our current office space adequate for our current operations.
+Added: We currently lease our headquarters which is located in Palo Alto, California.
+Added: We also lease additional office and building space in the surrounding areas near our headquarters.
+Added: In January 2022, we entered into a sublease agreement to rent approximately 96,000 rentable square feet of building space in San Jose, California, which will become our corporate headquarters.
+Added: In March 2022, we entered into a lease agreement to rent approximately 68,000 rentable square feet of building space in San Jose, California, which we intend to use as lab space and for our low rate initial production facility.
+Added: We believe our existing leased facilities are in good condition and suitable for the conduct of our business.
Legal Proceedings
−Removed: There is no material litigation, arbitration
−Removed: or governmental proceeding currently pending against us or any members of our management team.
+Added: For a description of our material pending legal proceedings, see Note 9 - Commitments and Contingencies of the notes to the consolidated financial statements included in Part II, Item 8 of this Annual Report, which is incorporated herein by reference.
Mine Safety Disclosures
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.