Item 2. Properties
ITEM 2. PROPERTIES
We do not own any property.
The Company’s corporate headquarters are
located at 2222 Ponce de Leon Blvd., Floor 3, Coral Gables, Florida 33134.
Pursuant to a lease agreement, dated August 1, 2021, and renewed for
each subsequent year after, the Company leases office space at 2222 Ponce de Leon Blvd., Floor 3, Coral Gables, FL 33134. Under the 2021
lease agreement the average monthly rent expense was approximately $11,000. For 2024, 2025 and 2026, the renewed lease agreement was for
an average monthly rent expense of approximately $7,000, $4,500 and $4,600, respectively.
Beginning on December 1, 2023, the Company leased
office space at 12 E 49 th Street, New York, NY 10022 for approximately $12,000 per month, that lease was terminated on May
31, 2024.
Beginning on May 29, 2024, the Company leased office space at 12 E
49 th Street, New York, NY 10022 with monthly rent of approximately $10,500; that lease expired on May 30, 2025 with the Company
continuing to lease the space under a month-to-month option.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.