Item 1.01. Entry into a Material Definitive Agreement.
As previously disclosed, on July 1, 2021, DermTech, Inc., or the Company,
entered into an Office Lease, or the Original Lease Agreement, dated July 1,
2021, with Kilroy Realty, L.P., or the Landlord, with respect to an aggregate of
95,997 rentable square feet, consisting of the entire building located at 12340
El Camino Real, San Diego, California 92130, or the Building. The Original Lease
Agreement was subsequently amended by the First Amendment to Office Lease and
the Second Amendment to Office Lease, each dated April 22, 2022.
Pursuant to the Original Lease Agreement, tenants of the "Del Mar Corporate
Centre II" office project, or the Project, which consists of the Building and
the adjacent office building located at 12390 El Camino Real, San Diego,
California 92130, or the Adjacent Building, have access to a fitness center, or
the Fitness Center, located at the Adjacent Building.
On November 11, 2022, the Company entered into a Third Amendment to Office
Lease, or the Third Amendment, dated effective as of October 7, 2022, with the
Landlord. Pursuant to the Third Amendment, the Company and the Landlord agreed
that beginning January 1, 2023, the Fitness Center shall be used exclusively by
another tenant of the Project. As a result, the measurement of the Expansion
Premises (as defined in the Second Amendment) will be reduced from 14,085
rentable square feet of space to 13,310 rentable square feet of space, and the
Company's monthly installment of base rent for the Expansion Premises will be
reduced as set forth in Schedule 1 of the Third Amendment.
The foregoing summary is qualified in its entirety by reference to the full text
of the Third Amendment, a copy of which is filed as Exhibit 10.1 hereto and is
incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.
(d)Exhibits.
Exhibit
No. Description
Third Amendment to Office Lease, dated effective October 7, 2022, by and
10.1 between the Company and Kilroy Realty, L.P.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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