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 December 12, 2023, Stoke Therapeutics, Inc. (the “Company”) entered into a first amendment (the “First Amendment”) to its corporate headquarters and laboratory lease agreement with Xenon Property, LLC, as successor-in-interest to ARE-MA Region No. 24, LLC, located at 45-47 Wiggins Avenue, Bedford, Massachusetts (the “Lease”), in order to extend the term of the Lease for a period of two years (the “Lease Extension Period”). Pursuant to the First Amendment, the Lease will expire on December 31, 2026, and includes the option to further extend the Lease for an additional five years at 95% of the then-prevailing market rate. The aggregate estimated base rent payments due over the Lease Extension Period is approximately $5.05 million.
The foregoing description of the First Amendment to the Lease is qualified in its entirety by reference to the First Amendment of the Lease, a copy of which will be filed as an exhibit to the Company’s Annual Report on Form 10-K for the year ended December 31, 2023.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of Registrant.
The information set forth above in Item 1.01 of this Current Report on Form 8-K regarding the First Amendment is incorporated into this Item 2.03 by reference.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| STOKE THERAPEUTICS, INC. | ||||||
| Date: December 14, 2023 | By: | /s/ Stephen J. Tulipano | ||||
| Stephen J. Tulipano Chief Financial Officer | ||||||