−Removed: On December 17, 2013, we entered into a lease
−Removed: (the “ Lease ”), as subsequently amended on January 22, 2019, with 257 Simarano Drive, LLC, Brighton Properties, LLC,
−Removed: Robert Stubblebine 1, LLC and Robert Stubblebine 2, LLC to lease office and laboratory space in the building known as the “Main
−Removed: Building” located at 257 Simarano Drive, Marlborough, Massachusetts, covering 7,581 square feet.
−Removed: The premises are used by the Company
−Removed: for office and laboratory space.
−Removed: The term of the Lease commenced on April 1, 2014 and expires on March 31, 2024, for a total
−Removed: of a ten year lease term.
−Removed: The base rent for the premises is $124,865 per annum, payable on a monthly basis.
−Removed: Each year thereafter, the
−Removed: base rent shall increase by approximately 3% over the base rent from the prior year.
−Removed: The Company does not intend to renew the Lease, which
−Removed: will expire on March 31, 2024.
−Removed: Beginning in April of 2024, we expect to continue operations as a remote business with a laboratory facility
−Removed: located at 17 Briden Street, Worcester, Massachusetts, covering 321 square feet.
−Removed: The term of the laboratory facility commenced on March
−Removed: 1, 2024 and expires on September 1, 2024.
−Removed: The total base rent for the premises over the term is expected to be $15,000.
+Added: The Company’s lease for
+Added: its corporate headquarters and primary research facility in Marlborough, Massachusetts expired on March 31, 2024.
+Added: The Company has continued
+Added: operations as a primarily remote business with a rented lab space and has contracted a private mailbox with an address of 11 Apex Drive,
+Added: Suite 300A, PMB 2006, Marlborough, MA 01752, to use as its principal mailing address for SEC and other purposes.
+Added: The Company has also contracted
+Added: with LifeSciences PA located at 411 Swedeland Road, King of Prussia, PA 19406 for access to full working space for normal hours of operations
+Added: at a fee for $300 per month, cancellable at any time.
+Added: The Company entered into a lease
+Added: for a laboratory facility located at 17 Briden Street, Worcester, Massachusetts.
+Added: The lease had an original expiration date of August 31,
+Added: 2024, and was subsequently extended through February 28, 2025.
+Added: The Company continues to lease the space on a month-to-month basis.
+Added: Monthly rent is approximately $2,500.
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.