Amprius Technologies, Inc. has entered into an amendment to extend the lease for its industrial facility in Fremont, California. The agreement extends the lease term by 84 months, securing the location through mid-2034 and creating a total future financial obligation of approximately $10.5 million.
Key Details
- Lease Extension: The lease term for the facility at 1000-1180 Page Avenue, Fremont, CA, is extended by 84 months, now set to expire on June 30, 2034.
- Financial Commitment: Total future lease payments under the amended agreement are estimated to be approximately $10.5 million.
- Timeline: The extended term will commence on July 1, 2027, immediately following the previously scheduled expiration date.
- Additional Options: The company also has two options to further extend the lease term for additional five-year periods.