Amprius Technologies (NYSE: AMPX) exits Colorado facility with $20M lease termination

Rhea-AI Filing Summary

Amprius Technologies has terminated its lease for approximately 774,155 rentable square feet at a Colorado property in Brighton. The lease termination agreement with Starboard Platform Brighton JV, LLC became effective on January 31, 2026, releasing both parties from most future obligations under the lease.

To end the 15-year lease, which began in June 2024, Amprius paid a $20,000,000 termination fee. The landlord will return the company’s security deposit, currently held as a $1,200,000 letter of credit, on or before February 5, 2026. The company’s base rent for the Colorado property was approximately $300,000, plus about $190,000 in additional rent for operating expenses, insurance, and real estate taxes, with base rent subject to annual increases of about 3.3%.

Positive

• None.

Negative

• $20,000,000 lease termination fee represents a significant immediate cash outflow to exit the Colorado property lease.
• Ending a 15-year lease that began in June 2024 removes access to approximately 774,155 rentable square feet of improved real property in Brighton, Colorado.

Insights

Corporate finance and real estate analyst

Amprius pays $20M to exit a large, recently started lease.

Amprius Technologies terminated a 15-year lease on about 774,155 rentable square feet in Brighton, Colorado, effective January 31, 2026. The lease started in June 2024, so this exit comes relatively early in the term and ends most future rights and obligations under that agreement.

The company agreed to a $20,000,000 termination fee, while the landlord will return a security deposit currently held as a $1,200,000 letter of credit by February 5, 2026. Previously, base rent was approximately $300,000 plus about $190,000 of additional rent, with base rent scheduled to rise about 3.3% annually.

This represents a meaningful near-term cash outflow in exchange for eliminating long-term lease commitments on a large facility. The impact on Amprius’ liquidity and operating footprint will depend on its broader capacity plans and will likely be discussed further when the full lease termination agreement is filed with the Form 10-K for the period ending December 31, 2025.

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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): January 30, 2026

_________________________

Amprius Technologies, Inc.

(Exact name of Registrant as Specified in Its Charter)

_________________________

Delaware			001-41314			98-1591811
(State or Other Jurisdiction of Incorporation)			(Commission File Number)			(IRS Employer Identification No.)

1180 Page Ave Fremont, California			94538
(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:

			o			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
			o			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
			o			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
			o			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

Common stock, par value $0.0001 per share

AMPX

The New York Stock Exchange

Redeemable warrants, each exercisable for one share of common stock at an exercise price of $11.50

AMPX.W

The New York Stock Exchange

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 1.02 Termination of a Material Definitive Agreement.

On January 30, 2026, Amprius Technologies, Inc. (the "Company") entered into a lease termination agreement (the “Lease Termination”) with Starboard Platform Brighton JV, LLC (the “Landlord”) to terminate the Company’s existing lease (the "Lease") for approximately 774,155 rentable square feet of that certain improved real property located at 4353 East Bromley Lane, Brighton, Colorado 80601 (formerly known as, and referenced in the Lease as, 18875 East Bromley Lane, Brighton, Colorado 80601) (the “Colorado Property”).

The Lease Termination became effective on January 31, 2026, and except as otherwise provided in the Lease Termination, the Company and the Landlord will be released from further rights, obligations, or claims arising from the Lease. In connection with the Lease Termination, the Company was required to pay a termination fee of $20,000,000 to the Landlord. The Landlord will return the Company's security deposit, currently held as a $1,200,000 letter of credit, on or before February 5, 2026.

The Company’s base rent for the Colorado Property was approximately $300,000, supplemented by approximately $190,000 in additional rent to cover the Company's pro rata share of operating expenses, insurance, and real estate taxes. Under the terms of the Lease, the base rent was subject to annual increases of approximately 3.3%. The lease had a 15 year term that started on June 2024.

The foregoing description does not purport to be complete and is subject to, and qualified in its entirety by, the complete text of the Lease Termination, a copy of which will be filed as an exhibit to the Company’s Annual Report on Form 10-K for the fiscal period ending December 31, 2025.

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: February 3, 2026			By:			/s/ Ricardo C. Rodriguez
						Name: Ricardo C. Rodriguez
						Title: Chief Financial Officer

FAQ

What lease did Amprius Technologies (AMPX) terminate in Colorado?

Amprius Technologies terminated its lease for approximately 774,155 rentable square feet at 4353 East Bromley Lane, Brighton, Colorado. The lease had a 15-year term that began in June 2024, and the termination became effective on January 31, 2026, releasing most future obligations.

How much did Amprius Technologies (AMPX) pay to terminate the Colorado lease?

Amprius Technologies paid a $20,000,000 termination fee to end its lease on the Brighton, Colorado property. This payment is part of a lease termination agreement with Starboard Platform Brighton JV, LLC, which releases both parties from further rights and obligations under the lease, subject to stated exceptions.

What happens to Amprius Technologies’ security deposit after the lease termination?

After the lease termination, the landlord will return Amprius Technologies’ security deposit, which is currently held as a $1,200,000 letter of credit. The agreement states this return will occur on or before February 5, 2026, following the effective termination of the Colorado property lease.

What were Amprius Technologies’ rent obligations for the terminated Colorado lease?

For the terminated Colorado lease, Amprius Technologies’ base rent was approximately $300,000, plus about $190,000 in additional rent for operating expenses, insurance, and real estate taxes. Under the lease terms, the base rent was subject to annual increases of approximately 3.3% over the 15-year term.

When did the Amprius Technologies lease termination become effective?

The lease termination for Amprius Technologies’ Colorado property became effective on January 31, 2026. From that date, and except as otherwise provided in the termination agreement, the company and the landlord are released from further rights, obligations, or claims arising from the original lease.

Will Amprius Technologies provide the full lease termination agreement?

Yes. Amprius Technologies states that the full lease termination agreement will be filed as an exhibit to its Annual Report on Form 10-K for the fiscal period ending December 31, 2025. The current description is summarized and qualified in its entirety by that complete text.