Janux Therapeutics, Inc 8-K, filed Aug 27, 2021
Janux Therapeutics, Inc. (JANX)
About this 8-K
Janux Therapeutics, Inc filed this 8-K on August 27, 2021, reporting on events of August 25, 2021.
Items reported
- Item 1.01: Entered into a material agreement
- Item 2.03: New debt or off-balance-sheet obligation
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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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.
Item 1.01 Entry into a Material Definitive Agreement.
On August 25, 2021, Janux Therapeutics, Inc. (the “Company”) entered into a lease agreement (the “Lease”) with UTC Properties LLC (“Landlord”) for the lease of approximately 7,432 square feet of rentable area of the building located at 10590 West Ocean Air Drive, San Diego, California 92130 (the “Premises”). The commencement date of the Lease is expected to occur on October 1, 2021. The Company expects to use the Premises for general office use in addition to the Company’s current principal executive offices located at 11099 N. Torrey Pines Road, La Jolla, California 92037. The term of the Lease is 13 months. The base rent payable by the Company under the Lease will be approximately $21,924 per month for the first year of the Lease term, with full abatement of the base rent for the second month of the Lease term, which amount will increase to approximately $22,890 for the 13th month of the Lease term.
The foregoing description of the Lease does not purport to be complete and is subject to, and qualified in its entirety by reference to, the full text of the Lease. The Company intends to file a copy of the Lease with the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2021.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information set forth in Item 1.01 above is incorporated by reference herein.
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 thereunto duly authorized.
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JANUX THERAPEUTICS, INC. |
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Dated: |
August 27, 2021 |
By: |
/s/ David Campbell, Ph.D. |
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David Campbell, Ph.D. |