Rezolute Inc
For the period ended Jun 30, 2024. Filed Sep 19, 2024.
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FY2024 · Filed Sep 19, 2024
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Item 2. Properties
In April 2022, we entered into a lease for a new headquarters location at 275 Shoreline Drive, Suite 500, Redwood City California 94065. The leased space contains approximately 9,300 square feet of office space. The lease commenced in October 2022 and provides for average remaining monthly rent of approximately $53,000 through October 2027.
In November 2020, we entered into a lease in Bend, Oregon where the leased space consists of approximately 5,000 square feet of office space and provides for monthly rent of approximately $8,400 through the expiration date in February 2024. In October 2023, we entered into a lease extension for this space, which provides for monthly rent of approximately $9,000 through February 2027.
We believe our current physical properties are sufficient and adequate to meet our current and projected requirements.
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