Current Report Filing (8-k)
March 15 2023 - 05:03PM
Edgar (US Regulatory)
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2023-03-13 iso4217:USD xbrli:shares iso4217:USD xbrli:shares
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):
March 13, 2023
Celcuity Inc.
(Exact
name of Registrant as Specified in its Charter)
Delaware |
|
001-38207 |
|
82-2863566 |
(State
or Other Jurisdiction
of
Incorporation)
|
|
(Commission
File
Number)
|
|
(IRS
Employer
Identification
No.)
|
16305 36th Avenue North; Suite 100
Minneapolis,
Minnesota
55446
(Address
of Principal Executive Offices and Zip Code)
(763)
392-0767
(Registrant’s
telephone number, including area code)
Not Applicable
(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 |
Common Stock, $0.001 par value per share |
|
CELC |
|
The Nasdaq Stock Market LLC |
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. ☐
Item
1.01 Entry Into a Material Definitive Agreement.
On
March 13, 2023, Celcuity Inc. (the “Company”), entered into a
Fourth Amendment to Lease (the “Lease Amendment”) with West
Glen Development I, LLC (“Landlord”) that amends that
certain Commercial Lease agreement dated September 28, 2017, and
amended by that certain First Amendment to Lease dated July 28,
2020 and that certain Second Amendment to Lease dated July 19, 2021
and that certain Third Amendment to Lease dated July 27, 2022 by
and between the Company and Landlord (the Commercial Lease,
together with the First Amendment and the Second Amendment and the
Third Amendment shall be referred to as the “Lease Agreement”).
Under
the terms of the Lease Amendment, the term of the lease is extended
for two years, terminating on April 30, 2026, unless sooner
terminated in accordance with the provisions of the Lease
Agreement. The monthly installments of base rent payable for the
period May 1, 2024 through April 30, 2025 will be $18,012.27 per
month and for the period May 1, 2025 through April 30, 2026 will be
$18,542.44.
The
foregoing description of the Lease Amendment is not complete and is
qualified in its entirety by reference to the full text of such
agreement, a copy of which is filed herewith as Exhibit 10.1 to
this Current Report on Form 8-K and is incorporated herein by
reference.
Item
9.01 Financial
Statements and Exhibits.
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 15, 2023
|
CELCUITY
INC. |
|
|
|
By |
/s/
Brian F. Sullivan |
|
|
Brian
F. Sullivan |
|
|
Chief
Executive Officer |
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