Item 2. Properties
ITEM
2. PROPERTIES
The
following table sets forth information regarding our principal physical properties:
Entity Utilizing Such Property
Property
Description
The principal office:
Cerberus
Cyber Sentinel Corporation (Corporate Headquarters)
●
3,279 square feet located
at 6900 E. Camelback Road, Suite 240, Scottsdale, Arizona 85251
●
Cost was $6,558 per month through December 31, 2021
and is currently $6,695 per month through December 31, 2022
Consists of:
RED74
●
1,800 square feet located
at 800 Denow Road, Suite T, Pennington, New Jersey 08534
●
Monthly costs of approximately $2,700 under a lease
that expires in October 2023
Consists
of:
Arkavia
●
4,865 square feet located
at Dr. Manuel Barros Borgoño 71, Piso 12, Providencia - Santiago – Chile
●
Monthly costs of $25,796 through
March 2026
In
addition to our headquarters, we also have other short-term leases, none of which we believe to be material to our operations. We believe
that our offices are suitable to carry on our business. We also believe that, if required, suitable alternative or additional space will
be available to us on commercially reasonable terms, along with the consolidation of any office space that we feel may be necessary from
time-to-time as we integrate our acquisitions now or in the future.
ITEM
3. LEGAL PROCEEDINGS
We
are currently not a party to any material legal proceedings.
ITEM
4. MINE SAFETY DISCLOSURES
Not
applicable.
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PART
II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.