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Calidi Biotherapeutics Inc

For the period ended Dec 31, 2023. Filed Mar 15, 2024.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Mar 15, 2024

CLDI$0.73+4.7%Stored close · as of Nov 9, 2026

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Contents

Item 2. PROPERTIES

Our corporate headquarters is located at 4475 Executive Drive, Suite 200, San Diego, California, 92121 where we lease approximately 6,221 square feet of lab space and 8,977 square feet of office space, under a lease that expires in March 2027. Our main telephone number is (858) 794-9600. For the year ended December 31, 2023, our base rent was approximately $0.1 million per month plus a management fee equal to 3.0% of base rent. Base monthly rent will increase annually by 3.0%.

StemVac GmbH, our wholly-owned subsidiary based in Bernried, Germany, operates in approximately 4,047 square feet of office space and laboratory space under a lease that expires in March 2027. For the year ended December 31, 2023, our rent was approximately €4,000 per month.

Total rent expense was approximately $1.6 million and $0.9 million for the year ended December 31, 2023 and 2022, respectively.

We believe that our leased property is in good condition and suitable for the conduct of our business.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.