Unresolved Staff Comments
−Removed: corporate offices are located at One Grand Central Place, 60 East 42nd Street, Suite 4600, New York, NY 10165.
−Removed: The office rental agreement
−Removed: is currently on a month-to-month basis, and can be cancelled with two months written notice.
−Removed: We also have short-term office space rental
−Removed: agreement in Pennsylvania.
−Removed: We also have lease agreements for our Lucid Test Centers in various locations in Arizona, Colorado
−Removed: and Nevada that in the aggregate approximate 2,155 square feet.
−Removed: At this time, we consider the office space to be commensurate with
−Removed: our current operations.
−Removed: Notwithstanding, we may obtain additional office space in the future, as warranted by our business operations.
+Added: corporate offices are located at 360 Madison Avenue, 25th Floor, New York, NY 10017, which is leased through our parent corporation PAVmed
+Added: The lease for this space is for seven years and eight months, starting on February 1, 2023, and may not be terminated prior to expiration
+Added: of its stated term, except in limited circumstances due to misconduct by our landlord.
+Added: Company has a lease agreement for its CLIA laboratory in California with 21,019 square feet, which has a remaining term of 2
+Added: We also have lease agreements for our Lucid Test Centers in various locations in Arizona, California, Colorado, Florida, Idaho,
+Added: Illinois, Nevada, Ohio, Oregon, Texas and Utah that in the aggregate approximate 11,429 square feet.
+Added: At this time, we
+Added: consider our facility space to be commensurate with our current operations.
+Added: Notwithstanding, we may obtain additional office space in
+Added: the future, as warranted by our business operations.
with their respective lease commencement dates, subsequent to December 31, 2022, the Company has entered into additional lease agreements
−Removed: to expand its operations including a CLIA laboratory in Lake Forest, California with 21,019 square feet, and additional Lucid Testing
−Removed: Center’s (LTC’s) with an aggregate of approximately 2,000 square feet.
+Added: for additional Lucid Testing Centers (LTCs) with an aggregate of approximately 2,046 square feet.
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.