Cogent Communications Holdings Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits
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Item 1.01 Entry into a Material Definitive Agreement.
On March 11, 2025, Cogent Communications Holdings, Inc.’s (the “Company”) wholly owned subsidiary, Cogent Communications, LLC (“Cogent”), entered into a Second Amendment to Lease Agreement (the “Second Amendment”) with Sodium, LLC, an entity owned by the Company’s Chief Executive Officer, David Schaeffer.
The original Lease Agreement, dated April 16, 2015, between Sodium LLC and Cogent Communications, Inc. (the “Lease”) had an initial expiration date of May 11, 2020. A First Amendment to Lease Agreement, dated February 28, 2020, extended the term of the Lease to May 10, 2025 (the “First Amendment”).
The Second Amendment extends the term of the Lease until May 10, 2030. No other changes were made to the other terms of the Lease. The Audit Committee of the Company’s Board of Directors, which is responsible for reviewing any related party transactions, reviewed and approved Cogent’s entry into the Second Amendment.
The Lease is for approximately 43,117 square feet of space in the building located at 2450 N Street, NW, Washington, D.C. 20037, which is the headquarters address for the Company and its subsidiaries in the United States. Under the Second Amendment, the Lease remains terminable by Cogent without penalty upon 60 days written notice. The amount of fixed annual rent during the term of the Lease is currently approximately $991,691.
The foregoing summary of the Lease, the First Amendment and the Second Amendment is qualified in its entirety by the complete text of the Lease, First Amendment and Second Amendment, copies of which are filed herewith as Exhibits 10.1, 10.2 and 10.3 respectively, and incorporated herein by reference.
This information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
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 hereunto duly authorized.
| Cogent Communications Holdings, Inc. | |||
| March 12, 2025 | By: | /s/ David Schaeffer | |
| Name: | David Schaeffer | ||
| Title: | President and Chief Executive Officer | ||