9 unchanged sentences
The lease term has a 61-month term beginning August 2017 and includes an option to renew for an additional five years.
−Removed: We believe that our existing facilities are adequate to meet our current needs and that suitable additional alternative spaces will be available to meet future needs on commercially reasonable terms.
+Added: In June 2021, the Company entered into an Agreement of Lease (the Halstead Lease) relating to 129,543 rentable square feet, for laboratory and office space, in Pasadena, California, where the Company intends to move its corporate headquarters in the second half of 2022.
+Added: The term of the Halstead Lease will become effective in two phases.
+Added: The first phase commences on August 1, 2022 and encompasses 83,083 square feet while the second phase commences no later than September 30, 2026 and encompasses an additional 46,460 square feet.
+Added: The term of the Halstead Lease is 13 years from the first phase commencement date, August 1, 2022.
+Added: In June 2021, the Company entered into an 18-month lease for a 7,020-square-foot office space in Monrovia, California.
+Added: The lease began on August 1, 2021 and includes options to renew.
+Added: We believe that our existing facilities and planned new corporate headquarters are adequate to meet our current and future needs.
Legal Proceedings .
2 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.