Item 8.01 Other Events.



San Diego Facility Closure

On March 9, 2023, the Company's subsidiary, StemoniX, Inc., terminated its January 2022, lease agreement (the "San Diego Lease") with Nancy Ridge Technology Center, L.P. for the lease of approximately 5,000 rentable square feet of laboratory and office space for an original term of approximately 5 years. The San Diego Lease was guaranteed by the Company. The effective date of the termination is March 31, 2023. The landlord is retaining approximately two months rent ($45,000) as an early termination fee.

On March 7, 2023, the Company sold its equipment in its San Diego laboratory to a third party and received $200,000 in consideration for such sale.

© Edgar Online, source Glimpses