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 a 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 and
−Removed: Nevada that in the aggregate approximate 2,155 square feet.
−Removed: At this time, we consider the office space to be commensurate with our
−Removed: current operations.
−Removed: Notwithstanding, we may obtain additional office space in the future, as warranted by our business operations.
−Removed: with the respective lease commencement dates, subsequent to December 31, 2021, the Company and its subsidiaries have entered into
−Removed: additional lease agreements to expand its operations for a research and development facility in Massachusetts with 7,375 square
−Removed: feet, a CLIA laboratory in California with 21,019 square feet, an office space in Pennsylvania with 4,300 square feet, a light
−Removed: manufacturing facility in Utah with 22,288 square feet, and additional Lucid Testing Center’s (LTC’s) with an aggregate
−Removed: of approximately 2,000 square feet.
+Added: corporate offices are located at 360 Madison Avenue, 25th Floor, New York, NY 10017.
+Added: The lease for this space is for seven years and
+Added: eight months, starting on February 1, 2023, and may not be terminated prior to expiration of its stated term, except in limited circumstances
+Added: due to misconduct by our landlord.
+Added: The Company or its subsidiaries also have entered into leases for a research and development facility
+Added: in Massachusetts with 7,375 square feet, which has a remaining term of 4.25 years, a CLIA laboratory in California with 21,019 square
+Added: feet, which has a remaining term of 2 years, and an office space in Pennsylvania with 4,300 square feet, which has a remaining
+Added: term of 4.8 years.
+Added: We also have lease agreements for our Lucid Test Centers in various locations in Arizona, California, Colorado,
+Added: Florida, Idaho, Illinois, Nevada, Ohio, Oregon, Texas and Utah that in the aggregate approximate 11,429 square feet.
+Added: this time, we consider our facility space to be commensurate with our current operations.
+Added: Notwithstanding, we may obtain additional space
+Added: in the future, as warranted by our business operations.
+Added: with the respective lease commencement dates, subsequent to December 31, 2022, the Company and its subsidiaries have entered into additional
+Added: lease agreements for additional Lucid Testing Centers 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.