Savara (NASDAQ: SVRA) details new Yardley headquarters lease terms

Rhea-AI Filing Summary

Savara Inc. entered into a new headquarters lease with ML7 Yardley Partners, LP for approximately 10,795 square feet of office space at 19 W. College Avenue, Suite 200, Yardley, Pennsylvania. The lease term begins on July 1, 2026 and runs through December 1, 2031, with an option to extend for an additional five years.

Savara will pay monthly base rent of about $28,337 in the first year, with annual increases of roughly 2%. Aggregate base rent over the term is approximately $1,780,900, reflecting five months of rent abatement. The company will also pay its share of operating expenses, taxes, and utilities and has provided a $28,337 security deposit.

Savara Inc false 0001160308 0001160308 2026-03-10 2026-03-10

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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)

March 10, 2026

SAVARA INC.

(Exact name of registrant as specified in its charter)

Delaware		001-32157		84-1318182
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

1717 Langhorne Newtown Road, Suite 300

Langhorne, PA 19047

(Address of principal executive offices, including zip code)

(512) 614-1848

(Registrant’s telephone number, including area code)

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 (see General Instruction A.2. below):

☐ 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
Common Stock, par value $0.001 per share		SVRA		The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in 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 ☐

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. ☐

Item 1.01. Entry into a Material Definitive Agreement.

On March 10, 2026, Savara Inc. (the “Company”) entered into an Agreement of Lease (the “Lease”) with ML7 Yardley Partners, LP (“Landlord”), pursuant to which the Company will lease approximately 10,795 square feet of office space located at 19 W. College Avenue, Suite 200, Yardley, PA 19067. The Company plans to relocate its headquarters to this location.

The term of the Lease commences on July 1, 2026 and continues until December 1, 2031 (the “Term”). The Company has the option to extend the Term for an additional five-year term. The Company will make monthly base rent payments of approximately $28,337 for the first year of the Term, with annual increases of approximately 2%. The aggregate base rent over the Term is approximately $1,780,900, which reflects five months of rent abatement. In addition to the base rent, the Company will pay additional amounts to the Landlord related to the Company’s share of operating expenses, taxes, and utilities. The Company has paid a security deposit equal to $28,337. The Lease contains customary events of default, representations, warranties, and covenants.

The foregoing description of the Lease is not complete and is qualified in its entirety by reference to the Lease, which is filed as Exhibit 10.1 hereto.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.		Description
10.1		Agreement of Lease between ML7 Yardley Partners, LP and Savara Inc., dated March 10, 2026
104		Cover Page Interactive Data File (formatted as Inline XBRL)

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.

Date: March 13, 2026						SAVARA INC. a Delaware corporation
				By:		/s/ Dave Lowrance
						Dave Lowrance
						Chief Financial and Administrative Officer

FAQ

What did Savara Inc. (SVRA) disclose in this 8-K filing?

Savara Inc. disclosed that it signed a new lease for its future headquarters in Yardley, Pennsylvania. The agreement covers 10,795 square feet of office space, sets base rent terms, and defines a multi‑year lease period with an extension option and standard provisions.

Where will Savara Inc. (SVRA) relocate its headquarters under the new lease?

Savara plans to relocate its headquarters to 19 W. College Avenue, Suite 200, Yardley, PA 19067. The leased premises consist of approximately 10,795 square feet of office space under an agreement with ML7 Yardley Partners, LP as the landlord.

What are the key lease term dates for Savara Inc. (SVRA)?

The lease term starts on July 1, 2026, and continues until December 1, 2031. Savara also holds an option to extend the lease for an additional five‑year term, providing potential long‑term stability for its headquarters location.

How much rent will Savara Inc. (SVRA) pay for its new headquarters lease?

Savara will make monthly base rent payments of approximately $28,337 for the first year of the lease term. This base rent increases by about 2% annually, with aggregate base rent over the full term estimated at approximately $1,780,900 after five months of rent abatement.

What additional costs and deposits are included in Savara Inc.’s (SVRA) lease?

Beyond base rent, Savara will pay its share of operating expenses, taxes, and utilities owed to the landlord. The company has also paid a security deposit equal to $28,337, and the lease contains customary events of default, representations, warranties, and covenants.

Who is Savara Inc.’s landlord under the new headquarters lease?

Savara’s landlord is ML7 Yardley Partners, LP, which entered into an Agreement of Lease with the company dated March 10, 2026. The agreement governs the company’s occupancy of the Yardley, Pennsylvania office space and is filed as Exhibit 10.1.

Filing Exhibits & Attachments

4 documents

Agreements & Contracts

• EX-10.1 EX-10.1 215.3 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 2.8 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 17.6 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 11.0 KB