AIRO Group Holdings Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement
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Item 1.01 | Entry into a Material Definitive Agreement. |
On October 14, 2025, AIRO Group Holdings, Inc. (the “Company”) entered into a Deed of Lease (the “Lease”) with Westpark Corporate Center, L.L.C., a Delaware limited liability company (“Landlord”), pursuant to which the Company will lease from Landlord approximately 2,815 rentable square feet of office space (the “Facility”) located at 8444 Westpark Drive, Suite 840, McLean, Virginia 22102. The Facility will serve as the new principal executive offices of the Company.
The Lease has an initial term of 65 months, commencing on November 1, 2025, subject to the Company’s option to extend the term for one additional period of five consecutive years. The Company’s monthly base rent obligation for the Facility initially will be $10,556.25, representing annual base rent of $126,675.00 for the first lease year. Base rent will increase annually by 2.50% each year during the lease term. The Company’s obligation to pay base rent will be 100% abated for the first five months of the lease term, commencing on the rent commencement date.
The Company will provide a security deposit of $31,668.75. Commencing on the first day of the second lease year, the Company is obligated to pay its proportionate share (1.28%) of operating charges and real estate taxes that exceed base year amounts. The Facility will be used solely for general office purposes.
The foregoing description of the Lease does not purport to be complete and is qualified in its entirety by reference to the full text of the Lease, which is filed as Exhibit 10.1 to this Current Report on Form 8-K.
Item 9.01 | Financial Statements and Exhibits. |
(d) | Exhibits. |
Exhibit No. |
Description | |
10.1 | Deed of Lease, dated October 14, 2025, between Westpark Corporate Center, L.L.C. and AIRO Group Holdings, Inc. | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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.
AIRO GROUP HOLDINGS, INC. | ||
By: | /s/ Joseph D. Burns | |
Captain Joseph D. Burns | ||
Chief Executive Officer |
Dated: October 17, 2025