NETLIST INC 8-K

What Happened
Netlist, Inc. (NLST) filed a Form 8-K (filed March 9, 2026) reporting that on March 4, 2026 it entered into a First Amendment to its lease with University Research Park LLC to extend the company’s corporate headquarters lease at 111 Academy, Suite 100, Irvine, CA 92617. The amended lease term now runs through December 31, 2029 and does not include any renewal option.

Key Details

• Lease amendment executed March 4, 2026; original lease dated April 28, 2021.
• Extended lease term expiration: December 31, 2029 (no renewal option).
• Base rent beginning January 1, 2027: $27,396.65 per month.
• Rent increases by approximately 3% each lease year.
• Full Lease Amendment is filed as Exhibit 10.1 to the 8‑K.

Why It Matters
This confirms Netlist’s secured physical headquarters location and gives investors visibility into a known occupancy cost through 2029. The specified monthly base rent and scheduled ~3% annual increases are fixed, predictable operating expenses that investors can use when modeling near‑term cash flow and occupancy cost commitments.