Other Information.
+Added: Amendment to 9712 Medical Center Drive Lease
+Added: On October 30, 2020, the Company and ARE-Maryland No.
+Added: 45, LLC (the Medical Center Drive Landlord) entered into a Fifth Amendment (the Fifth Amendment) to the Lease dated as of March 6, 2015, by and between BMR-Medical Center Drive LLC, as the original landlord, and the Company, as the tenant (as previously amended by the First Amendment dated as of September 30, 2015, the Second Amendment dated as of November 23, 2015, the Third Amendment dated as of July 21, 2017 and the Fourth Amendment dated as of April 20, 2018, the Original Medical Center Drive Lease and, as amended by the Fifth Amendment, the Amended Medical Center Drive Lease).
+Added: The term of the Original Medical Center Drive Lease had been set to expire on September 30, 2021.
+Added: Pursuant to the Amended Medical Center Drive Lease, the term has been extended for an additional period to commence on October 1, 2021 and expire on February 28, 2027 (the Extension Term).
+Added: The Company has an option to further extend the Amended Medical Center Drive Lease until February 28, 2030 and an additional option to further extend the Amended Medical Center Drive Lease to be coterminous with the Lease dated as of November 1, 2018 between the Medical Center Drive Landlord’s affiliate, ARE-Maryland No.
+Added: 24, LLC, as the landlord, and the Company, as the tenant, for premises at 9804 Medical Center Drive, Rockville, Maryland.
+Added: Pursuant to the Amended Medical Center Drive Lease, the Company will lease approximately 10,833 square feet of office space at 9712 Medical Center Drive, Rockville, Maryland (the 9712 Medical Center Drive Premises) and approximately 39,421 square feet of office and laboratory space at 9714 Medical Center Drive, Rockville, Maryland (the 9714 Medical Center Drive Premises) from the Medical Center Drive Landlord.
+Added: Subject to the abatement described below, for the first year of the Extension Term, the base rent for the 9712 Medical Center Drive Premises will be $27,732.48 per month ($2.56 per square foot) and the base rent for the 9714 Medical Center Drive Premises will be $104,301.40 per month ($2.65 per square foot), and each will escalate thereafter as described in the Fifth Amendment.
+Added: The Medical Center Drive Landlord has granted an abatement of all base rent payable under the Amended Medical Center Drive Lease for the first five months of the Extension Term.
+Added: The foregoing descriptions of certain terms of the Fifth Amendment and the Amended Medical Center Drive Lease do not purport to be complete and are qualified in their entirety by reference to the full text of the Fifth Amendment and the Amended Medical Center Drive Lease.
+Added: The Fifth Amendment is included as Exhibit 10.3 to this Quarterly Report on Form 10-Q and incorporated by reference herein.
+Added: Termination of Blackwell Road Lease
+Added: On November 2, 2020, pursuant to the Lease dated as of January 28, 2016 between 9600 Blackwell II LLC (the Blackwell Landlord), as successor-in-interest to TNREF III 9600 Blackwell, LLC, and the Company (as amended by the First Amendment dated as of November 3, 2017, the Blackwell Lease), the Company provided notice to the Blackwell Landlord of the exercise of the Company’s right to terminate the Blackwell Lease effective September 30, 2021.
+Added: In accordance with the terms of the Blackwell Lease, the Company expects to pay an early termination fee of approximately $430,000 to the Blackwell Landlord.
+Added: The foregoing descriptions of certain terms of the Blackwell Lease do not purport to be complete and are qualified in their entirety by reference to the full text of the Blackwell Lease.
Incorporated by Reference
1 unchanged sentence
Amended and Restated Bylaws
+Added: Compensation Program for Non-Employee Directors
+Added: Fifth Amendment to License Agreement effective September 11, 2020 between the Company and The Trustees of the University of Pennsylvania
+Added: Fifth Amendment to Lease dated October 30, 2020 between the Company and ARE-Maryland No.
+Added: Third Amendment to Lease dated October 30, 2020 between the Company and ARE-Maryland No.
Certification of the Chief Executive Officer, as required by Section 302 of the Sarbanes-Oxley Act of 2002
1 unchanged sentence
Certifications of the Chief Executive Officer and Chief Financial Officer as required by 18 U.S.C.
−Removed: The following materials from the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2020 formatted in Inline XBRL (eXtensible Business Reporting Language):
+Added: The following materials from the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2020 formatted in Inline XBRL (eXtensible Business Reporting Language):
(i) Consolidated Balance Sheets
−Removed: (ii) Consolidated Statements of Operations and Comprehensive Loss
+Added: (ii) Consolidated Statements of Operations and Comprehensive Income (Loss)
(iii) Consolidated Statements of Stockholders’ Equity
1 unchanged sentence
(v) Notes to Consolidated Financial Statements
−Removed: The cover page from the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2020 formatted in Inline XBRL (included in Exhibit 101)
+Added: The cover page from the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2020 formatted in Inline XBRL (included in Exhibit 101)
+Added: Management contract or compensatory plan or arrangement.
+Added: P ortions of this exhibit have been omitted.
The certification attached as Exhibit 32.1 that accompanies this Quarterly Report on Form 10-Q is not deemed filed with the SEC and is not to be incorporated by reference into any filing of REGENXBIO Inc.
2 unchanged sentences
REGENXBIO Inc.
−Removed: August 6, 2020
+Added: November 4, 2020
/s/ Kenneth T.
1 unchanged sentence
(Principal Executive Officer)
−Removed: August 6, 2020
+Added: November 4, 2020
/s/ Vittal Vasista
3 unchanged sentences
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.