CPS TECHNOLOGIES CORP/DE/ 8K

CPS Technologies Corp. has executed a long‑term lease for 80,000 square feet of industrial space in Attleboro, MA, with significant landlord-funded build‑out, tax and operating cost sharing, and options to extend and expand its occupancy.

CPS Technologies Corp. entered into a long‑term commercial lease agreement, effective August 19, 2026, with VMD Industrial II, LLC for approximately 80,000 rentable square feet at 523 Pleasant Street, Attleboro, Massachusetts, to be used for manufacturing, logistics, warehousing, storage, and ancillary office operations. The lease term runs for twelve years and six months from the commencement date, with two five‑year extension options at fair market rent, and includes a construction period and subsequent six‑month free‑rent period before base rent begins on December 1, 2027. Tenant will pay 47.20% of real estate taxes and operating expenses, provide a security deposit initially equal to six months of first‑year base rent (subject to reduction), and receive a $3.2 million landlord contribution toward permanent tenant improvements after it first spends at least $1.6 million on its build‑out. The agreement also grants CPS an ongoing right of first offer on adjacent space, specifies detailed operating cost exclusions and allocation mechanics, and sets conditions for ADA compliance, hazardous materials handling, alterations, insurance, and default remedies, reflecting a material expansion or relocation of CPS’s industrial footprint.

Filing Facts

CIK

814676

Ticker

-

Form

8K

Source Type

sec

Accession

0001437749-26-028819

Alert Tier

6