−Removed: September 28, 2022, and with an effective date of October 1, 2022, the Company entered into a Lease Agreement with Rox Trep Tollway,
−Removed: (the “ Landlord ”) to lease and occupy approximately 2,201 square feet of office space located at 15110 N.
−Removed: Parkway, Suite 600, Dallas, Texas 75248 to serve as the Company’s main headquarters (the “ Lease Agreement ”).
−Removed: The Lease Agreement has a term of 38 months (through December 31, 2025) and has a monthly base rent of $0 for the second month;
−Removed: or $31.50 per square foot, for months 1 and 3-18 and increases at the rate of $1 per square foot per annum thereafter until the end of
−Removed: the lease term (the “ Base Rent ”).
−Removed: In addition to the Base Rent, the Company is required to reimburse the landlord
−Removed: for its pro-rata share of all real estate taxes and assessments, hazard and liability insurance and common area maintenance costs for
−Removed: the building at the rate of 2.45% (the “ Proportionate Rent ”).
−Removed: Upon the execution of the Lease Agreement, the Company
−Removed: agreed to prepay the first full month’s Base Rent along with a security deposit equal to $16,942.
−Removed: The lease includes an option
−Removed: to extend the lease for an additional period of 36 calendar months at market.
+Added: October 27, 2025, the Company entered into a Lease Agreement (the “ Lease ”) with SVHQ, LLC (the “ Landlord ”)
+Added: to lease and occupy approximately 2,467 square feet of office space located at 17130 Dallas Parkway, Suite 245, Dallas, Texas 75248 (the
+Added: “ Premises ”).
+Added: The Lease also includes the non-exclusive right, in common with the Landlord, to use and occupy an adjacent
+Added: shared space consisting of approximately 1,253 square feet (the “S hared Space ”).
+Added: The Lease has a term of sixty (60)
+Added: months, commencing on November 1, 2025 and expiring on October 31, 2030, and has a monthly base rent of $4,852, including $3,803 for
+Added: the Premises and $966 for the Shared Space (the “ Base Rent ”).
+Added: In addition to the Base Rent, the Company is required
+Added: to reimburse the Landlord for its pro-rata share of all real estate taxes and assessments, insurance, and common area maintenance costs
+Added: for the building at the rate of 14.81%, consisting of 11.81% for the Premises and 3.00% for the Shared Space (the “ Additional
+Added: Upon the execution of the Lease, the Company agreed to prepay the first full month’s Base Rent and Additional
+Added: Rent, consisting of $6,141, along with a security deposit equal to $14,557.
+Added: The Lease includes a right of first refusal to purchase the
+Added: Premises, but not the Shared Space, on the same terms and conditions as those offered by the Landlord to any bona fide third-party purchaser
+Added: during the term.
+Added: The Lease includes customary representations of the Company and the Landlord.
believe our facilities are sufficient to meet our current needs and that suitable space will be available as and when needed.
1 unchanged sentence
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.