Item 1.01 Entry into a Material Definitive Agreement.
On January 13, 2021, and effective May 1, 2021, Procyon Corporation (the
"Company") entered into a lease for its warehouse and office in Clearwater, FL.
The new lease is for a larger space (approximately 18,000 square feet) in a new
location. The term of the agreement is for five years. The Company will receive
free rent for three plus months and then the rent will begin at $8.50 per square
foot and increase at approximately 2% per square foot per year. A copy of the
Leases (One for each unit) are attached hereto as Exhibit 10.1 and 10.2,
incorporated herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
10.1 Lease between Vollmer Group and Amerx Health Care Corp, Suite 164
dated January 13, 2021
10.2 Lease between Vollmer Group and Amerx Health Care Corp, Suite 172
dated January 13, 2021
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