Current Report Filing (8-k)
October 26 2017 - 4:26PM
Edgar (US Regulatory)
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):
October 20, 2017
Zynex,
Inc.
(Exact name of Registrant as specified in
its charter)
Nevada
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33-26787-D
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90-0275169
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(State or other jurisdiction
of incorporation)
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(Commission File Number)
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(I.R.S. Employer
Identification No.)
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10000 Park Meadows Drive
Lone Tree, Colorado
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80124
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including
area code:
(303) 703-4906
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:
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¨
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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¨
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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¨
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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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
¨
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.
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ITEM 1.01
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ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
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On October 20, 2017, Zynex, Inc. (“Company”)
entered into a Sublease Agreement (“Sublease”) with CSG Systems, Inc. (“Sublandlord”) for approximately
42,840 square feet of office space at Two Maroon Circle, located at 9555 Maroon Circle, Englewood, CO 80112. The term of the Sublease
runs through June 30, 2023 (“Initial Term”), with an option to extend the term for an additional two years through
June 30, 2025. During the first year of the Sublease, the rent per square foot is $7.50, increasing to $19.75 during the second
year of the Sublease and each year thereafter for the Initial Term increasing by an additional $1 per square foot. The Company
is also obligated to pay its proportionate share of building operating expenses. The Sublandlord agreed to contribute approximately
$219,000 toward tenant improvements. The Company has an option to Sublease additional space in the event the Sublandlord seeks
to sublet adjacent space in the building. The Sublease is subject to customary lease terms and conditions, including provisions
relating to mandatory insurance and remedies upon default. The Company expects to relocate its headquarters to the Subleased offices
in January, 2018.
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ITEM 9.01
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FINANCIAL STATEMENTS AND EXHIBITS
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d)
Exhibits
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The following exhibits are filed with this report.
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.
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Zynex, Inc.
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Date:
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October 26, 2017
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By:
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/s/ Daniel J. Moorhead
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Daniel J. Moorhead
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Chief Financial Officer
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