Amprius Technologies (AMPX) extends Fremont facility lease through 2034
Rhea-AI Filing Summary
Amprius Technologies, Inc. entered into a Second Amendment to its Industrial Lease Agreement for its facility at 1000-1180 Page Avenue, Fremont, California, with Los Altos Fields, LLC. The amendment extends the lease term, previously ending June 30, 2027, by 84 months, from July 1, 2027 through June 30, 2034.
The company receives two additional five-year extension options, subject to existing lease terms. Base rent during the extended term will escalate annually under a specified rent schedule, and Amprius will continue paying its percentage share of operating expenses. Total future lease payments under the amended lease are expected to be approximately $10.5 million.
Positive
- None.
Negative
- None.
Filing Explained
Amprius Technologies has executed the lease amendment, and the 8-K reports it as a direct financial obligation: the amended Fremont facility lease now carries approximately
8-K Event Classification
3 items: 1.01, 2.03, 9.01
3 items
Item 1.01
Entry into a Material Definitive Agreement
Business
The company signed a significant contract such as a merger agreement, credit facility, or major partnership.
Item 2.03
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement
Financial
The company incurred a new significant debt or off-balance-sheet obligation.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Lease extension term: 84 months
Total future lease payments: $10.5 million
Lease start of extended term: July 1, 2027
+2 more
5 metrics
Lease extension term
84 months
Additional lease term from July 1, 2027 to June 30, 2034
Total future lease payments
$10.5 million
Expected payments over the extended lease term after amendment
Lease start of extended term
July 1, 2027
Commencement date of the extended lease period
Lease end of extended term
June 30, 2034
Expiration date of the extended lease period
Additional extension options
Two 5-year periods
Options to further extend the lease, subject to lease terms
Key Terms
Industrial Lease Agreement, base rent, operating expenses, off-Balance Sheet Arrangement
4 terms
Industrial Lease Agreement regulatory
"entered into the Second Amendment to Industrial Lease Agreement"
base rent financial
"Base rent during the extended term is subject to annual escalation"
The fixed minimum rent a tenant pays under a lease before any extra charges or variable fees; think of it as the subscription price for a space, separate from add‑ons like utilities, maintenance, or a share of property taxes. Investors watch base rent because it sets the predictable, recurring income stream that determines a property's immediate cash flow and helps value the asset, while extras and escalations affect total returns and risk.
operating expenses financial
"the Company will continue to pay its percentage share of operating expenses"
Operating expenses are the routine costs a company pays to keep its business running day to day — things like salaries, rent, utilities, office supplies, and marketing. Investors watch them because they reduce the profit available to shareholders and reveal how efficiently a company runs; lower or well-controlled operating expenses (relative to revenue) are like trimming household bills to improve savings.
off-Balance Sheet Arrangement financial
"an Obligation under an Off-Balance Sheet Arrangement of a Registrant"
An off-balance sheet arrangement is a financial commitment or asset that a company keeps out of its main financial statements so it does not show up as a direct asset or liability. Think of it like renting equipment or using a separate storage locker instead of putting the item in your home: the economic effects exist, but they aren’t listed on the company’s primary balance sheet. Investors care because these arrangements can hide risks, obligations or sources of cash flow that affect a company’s true financial strength and future performance.
FAQ
What lease change did Amprius Technologies (AMPX) disclose?
Amprius Technologies entered a Second Amendment to its Industrial Lease Agreement for its Fremont, California facility, extending the existing lease term and confirming ongoing rent and operating expense obligations.
How long is the extended lease term for Amprius Technologies (AMPX)?
The lease term is extended by 84 months, now running from July 1, 2027 to June 30, 2034. This follows the prior expiration date of June 30, 2027 under the original lease.
What are the expected future lease payments for AMPX after the amendment?
Total future lease payments under the amended agreement are expected to be approximately $10.5 million. This amount reflects payments over the extended term from July 1, 2027 through June 30, 2034.
Does Amprius Technologies (AMPX) have options to further extend the Fremont lease?
Yes. The amended lease grants Amprius two options to extend the lease term for additional five-year periods, subject to the terms and conditions set forth in the lease.
How will base rent change for Amprius Technologies (AMPX) under the extended lease?
Base rent during the extended term is subject to annual escalation according to a base rent schedule in the Second Amendment, and Amprius will continue to pay its percentage share of operating expenses.
Which facility of Amprius Technologies (AMPX) is covered by the amended lease?
The amended lease covers Amprius Technologies’ facility located at 1000-1180 Page Avenue, Fremont, California. The agreement is between Amprius Technologies, Inc. and Los Altos Fields, LLC.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_________________________
FORM 8-K
_________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 7, 2026
_________________________
(Exact name of Registrant as Specified in Its Charter)
_________________________
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
| (Address of Principal Executive Offices) | (Zip Code) | ||||
Registrant’s Telephone Number, Including Area Code: (800 ) 425-8803
N/A
(Former Name or Former Address, if Changed Since Last Report)
_________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||||||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||||||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||||||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | ||||||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company x
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 1.01 Entry into a Material Definitive Agreement.
On August 7, 2026, Amprius Technologies, Inc. (the “Company”) entered into the Second Amendment to Industrial Lease Agreement (the “Second Amendment”) with Los Altos Fields, LLC, amending the Company's existing lease for its facility located at 1000-1180 Page Avenue, Fremont, California. The Second Amendment extends the lease term, which had been scheduled to expire on June 30, 2027, for an additional eighty-four (84) months, commencing July 1, 2027 and expiring June 30, 2034. The Second Amendment provides that the Company has two options to extend the lease term for additional five-year periods, subject to the terms and conditions set forth in the lease. Base rent during the extended term is subject to annual escalation, in accordance with the base rent schedule set forth in the Second Amendment, and the Company will continue to pay its percentage share of operating expenses in accordance with the lease. The total future lease payments, after amendment, are expected to be approximately $10.5 million.
The foregoing description of the Second Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Second Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information included in Item 1.01 of this Current Report on Form 8-K is incorporated into this Item 2.03 by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number | Description | |||||||
| 10.1 | Second Amendment to Industrial Lease Agreement, dated August 7, 2026, by and between Amprius Technologies, Inc. and Los Altos Fields, LLC | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AMPRIUS TECHNOLOGIES, INC. | ||||||||
| Date: August 13, 2026 | By: | /s/ Ricardo C. Rodriguez | ||||||
| Name: Ricardo C. Rodriguez | ||||||||
| Title: Chief Financial Officer | ||||||||