Interlink Electronics Enters Material Definitive Agreement
Ticker: LINK · Form: 8-K · Filed: Apr 4, 2024 · CIK: 828146
Sentiment: neutral
Topics: material-agreement
TL;DR
Interlink Electronics signed a big deal on 3/26, details TBD.
AI Summary
On March 26, 2024, Interlink Electronics, Inc. entered into a material definitive agreement. The filing does not provide specific details about the agreement, such as the counterparty or financial terms.
Why It Matters
This filing indicates a significant new contract or partnership for Interlink Electronics, which could impact its future revenue and operations.
Risk Assessment
Risk Level: medium — The lack of specific details in the filing creates uncertainty about the nature and impact of the agreement.
Key Players & Entities
- Interlink Electronics, Inc. (company) — Registrant
- March 26, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by Interlink Electronics?
The filing does not specify the nature of the agreement, only that a material definitive agreement was entered into on March 26, 2024.
Who is the counterparty to this material definitive agreement?
The filing does not disclose the name of the other party involved in the agreement.
Are there any financial terms or obligations associated with this agreement?
The filing does not provide any details regarding the financial terms or obligations of the agreement.
When was this material definitive agreement officially entered into?
The agreement was entered into on March 26, 2024, which is the date of the earliest event reported.
Does this filing provide any information on the expected impact of this agreement on Interlink Electronics?
No, the filing does not contain any information about the expected impact of the agreement.
Filing Stats: 449 words · 2 min read · ~1 pages · Grade level 11.2 · Accepted 2024-04-04 16:00:16
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value LINK The NASDAQ Stock Mar
- $127,500 — the annual rent under the agreement is $127,500, escalating 3.5% annually, plus a share
Filing Documents
- tm2411022d1_8k.htm (8-K) — 24KB
- 0001104659-24-043612.txt ( ) — 193KB
- inte-20240326.xsd (EX-101.SCH) — 3KB
- inte-20240326_lab.xml (EX-101.LAB) — 33KB
- inte-20240326_pre.xml (EX-101.PRE) — 22KB
- tm2411022d1_8k_htm.xml (XML) — 4KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. On March 26, 2024, Interlink Electronics, Inc. entered into a Standard Industrial/Commercial Multi-Tenant Lease Modified Net, dated February 29, 2024, with Dollinger Fremont Associates, for a 5,183 square-foot operating facility in Fremont, California. The lease term commences when tenant improvements are completed, which is anticipated to be May 1, 2024, and has a term of five years and three months. Following a three-month rent abatement period, the annual rent under the agreement is $127,500, escalating 3.5% annually, plus a share of common area operating expenses. 2
SIGNATURES
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. Date: April 4, 2024 INTERLINK ELECTRONICS, INC. By: /s/ Ryan J. Hoffman Ryan J. Hoffman Chief Financial Officer 3