UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 1.01 | Entry into a Material Definitive Agreement. |
On March 1, 2022, Nurix Therapeutics, Inc. (the “Company”) entered into a lease agreement (the “Lease”) with 8800 Technology Forest Pl, LLC, effective as of March 1, 2022, for the lease of approximately 46,434 square feet of office space located at 8800 Technology Forest Place, The Woodlands, Texas, for a research and development laboratory and related uses. The commencement date of the Lease is expected to be on or about August 1, 2022, and the Lease will expire on March 1, 2035, unless terminated earlier (the “Term”). The minimum rent payable by the Company under the Lease will be approximately $205,084 per month, beginning on August 1, 2022, which amount will increase by 3% per year over the Term; provided that, for the period between March 1, 2023 and February 29, 2024, the minimum rent payable by the Company under the lease will be approximately $153,813 per month. The Company will also be responsible for the payment of additional rent to cover the Company’s share of the annual operating and tax expenses and utilities costs for the building.
The foregoing description of the Lease does not purport to be complete and is qualified in its entirety by reference to the full text of the Lease, a copy of which will be filed as an exhibit to the Company’s Quarterly Report on Form 10-Q for the quarter ending May 31, 2022.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| NURIX THERAPEUTICS, INC. | ||||||
| Date: March 2, 2022 | By: | /s/ Arthur T. Sands | ||||
| Arthur T. Sands, M.D., Ph.D. | ||||||
| President and Chief Executive Officer | ||||||