Ceribell (NASDAQ: CBLL) updates office lease terms and monthly rent in Sunnyvale
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Ceribell, Inc. has extended the terms of two office leases in Sunnyvale, California. The 625 Lease covers approximately 11,607 square feet at 625 N. Pastoria Ave., with the term now running through January 31, 2028 and monthly rent of $34,821.00.
The 360 Lease covers approximately 15,600 square feet at 360 N. Pastoria Ave., also extended through January 31, 2028 with monthly rent of $74,147.00. These amendments secure continued access to Ceribell’s existing office and operational space under updated rental terms.
Positive
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8-K Event Classification
2 items: 1.01, 9.01
2 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 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What did Ceribell (CBLL) change in its latest lease updates?
Ceribell entered into amendments to extend two Sunnyvale office leases, keeping its spaces at 625 and 360 N. Pastoria Ave. through January 31, 2028 with updated monthly rents.
How much office space does Ceribell (CBLL) lease at 625 N. Pastoria Ave.?
The 625 Lease covers approximately 11,607 square feet of office space at 625 N. Pastoria Ave., Sunnyvale, CA 94085.
What is the new monthly rent under Ceribell’s 625 N. Pastoria lease?
Under the 625 Amendment, Ceribell’s monthly rent is $34,821.00 for the space at 625 N. Pastoria Ave. through January 31, 2028.
What are the key terms of Ceribell’s 360 N. Pastoria Ave. lease amendment?
The 360 Lease covers approximately 15,600 square feet at 360 N. Pastoria Ave., with the term extended through January 31, 2028 and monthly rent of $74,147.00.
Who are the counterparties to Ceribell’s amended leases?
For 625 N. Pastoria Ave., the lessor is the Yagmourian 1984 Living Trust. For 360 N. Pastoria Ave., the lessor is WTA Pastoria II LLC.