UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 1.01 Entry into a Material Definitive Agreement
On November 22, 2022, iCAD, Inc. (the “Company”) and John J. Flatley Company (the “Landlord”) entered into that certain Fourth Amendment to Lease (the “Lease”) under which the Company will lease approximately 11,016 square feet (the “Premises”) at Suite 100 in the building located at 98 Spit Brook Road, Nashua, New Hampshire. The term of the Lease extends to May 31, 2026.
Effective as of March 1, 2023, the rental payment obligation under the Lease is as follows:
| Months of Term or Period | Monthly Rate Per Rentable Square Foot | Monthly Basic Rent | ||
| 3/1/23 to 5/31/26 |
$1.54 |
$16,983.00 |
The Lease is furnished as Exhibit 10.1 to this current report on Form 8-K and is incorporated herein by reference. The foregoing description of the Lease does not purport to be complete and is qualified in its entirety by reference to the Lease.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
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 thereunto duly authorized.
| iCAD, INC. (Registrant) | ||
| By: | /s/ Stephen P. Sarno | |
| Stephen P. Sarno Interim Chief Financial Officer | ||
Date: November 28, 2022