Item 2. Properties
ITEM 2.
PROPERTIES
Listed below are our current facilities as of December 31, 2021:
Location
Primary Function
Approx. Square Feet
Leased or Owned
Namur, Belgium (1)
Research and development
17,300
Owned
Namur, Belgium (2)
Manufacturing
9,688
Owned
London, UK (3)
Sales and marketing
323
Leased, expiring 2024
Triple One, Singapore (4)
Sales and executive
420
Leased, expiring 2022
Austin, Texas (5)
Executive suite
1,238
Leased, expiring 2022
(1)
Belgian Volition purchased property located in Namur, Belgium, in October 2016, to be used as a laboratory facility for R&D. The purchase price for the property was €1.2 million, exclusive of any closing costs.
(2)
Belgian Volition purchased property located in Namur, Belgium, in December 2020, to be used as a manufacturing facility. The purchase price for the property was €0.6 million, exclusive of any closing costs.
(3)
Volition Diagnostics signed a new 24-month lease for this property located at 93-95 Gloucester Place, London, W1U 6JQ, United Kingdom, commencing February 1, 2022 until January 31, 2024, at an annual rent of £64,800 GBP.
(4)
Singapore Volition signed a one-year lease for this property, commencing July 1, 2021, located at 111 Somerset Road, Level 3, Triple One, Somerset, Singapore 238164, at an annual rent of SGD103,692.
(5)
VolitionRx signed a three-year lease for this property, commencing on June 1, 2019, located at 13215 Bee Cave Parkway, Suite 125, Galleria Oaks B, Austin, Texas 78738, at an annual rent of $34,384.
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.