Item 1.01. Entry into a Material Definitive Agreement
On August 23, 2021, Eventbrite, Inc. (the "Company") entered into a sublease
agreement for an office lease (the "Sublease") with Zillow Group, Inc. to lease
approximately 13,335 rentable square feet (the "Premises") of an office building
located at 535 Mission Street, San Francisco, California (the "Building"). The
Premises will be Eventbrite, Inc.'s new headquarters. The Sublease will become
effective upon receipt of consent from BXP Mission 535 LLC, the ultimate
landlord (the "Landlord Consent"). The Sublease provides that the Sublease shall
commence fourteen days after receipt of the Landlord Consent and run until
September 29, 2023.
The cumulative obligations payable by the Company over the term of the Sublease
total approximately $1.8 million (the "Base Rent"). In addition to the Base
Rent, the Company will also be responsible for its proportionate share of the
Building's operating expenses. The Sublease is filed as Exhibit 10.1 to this
current report on Form 8-K and is incorporated herein by reference. The
foregoing description of the Sublease does not purport to be complete and is
qualified in its entirety by reference to the Sublease.
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 into
this Item 2.03.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
10.1 Sublease Agreement, dated August 23, 2021, by and between
Eventbrite, Inc. and Zillow Group, Inc.
104.1 Cover Page Interactive Data File (embedded within the Inline XBRL
document).
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