SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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|Item 1.01||Entry into a Material Definitive Agreement.|
On February 8, 2021, Kronos Bio, Inc. (the “Company”) entered into an amendment (the “Lease Amendment”) to its Office Lease dated July 19, 2018 (as amended, the “Lease”) with MPVCA San Mateo LLC (as successor-in-interest to DWF IV 1300 S El Camino, LLC). Under the Lease, the Company currently leases approximately 8,075 square feet of office space in a building located at 1300 South El Camino Real, San Mateo, California 94402. Pursuant to the Lease Amendment, the Company will relocate to an area in the same building consisting of 17,340 square feet of office space (the “New Premises”), which is targeted to occur on or about July 1, 2021 (the “New Premises Commencement Date”). Pursuant to the Lease Amendment, the expiration date of the Lease will be extended from April 30, 2025 to the last day of the 60th calendar month following the New Premises Commencement Date or August 31, 2026, if earlier. Commencing on the New Premises Commencement Date, the Company’s annual rent payment obligations under the Lease will initially be approximately $1.2 million, subject to a 3% increase annually.
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.
|KRONOS BIO, INC.|
|By:||/s/ Norbert Bischofberger|
Norbert Bischofberger, Ph.D.
|President and Chief Executive Officer|
Dated: February 10, 2021