Current Report Filing (8-k)
June 10 2019 - 9:01AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported):
June 7, 2019
SINTX
Technologies, Inc.
(Exact
name of registrant as specified in its charter)
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Delaware
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001-33624
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84-1375299
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(State
or other jurisdiction
of
incorporation)
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(Commission
File
Number)
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(IRS
Employer
Identification
No.)
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1885
West 2100 South
Salt
Lake City, UT 84119
(Address
of principal executive offices, including Zip Code)
Registrant’s
telephone number, including area code:
(801) 839-3500
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
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[ ]
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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[ ]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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[ ]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities
registered pursuant to Section 12(b) of the Act:
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Title
of each class:
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Trading
Symbol(s):
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Name
of each exchange on which registered:
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Common
Stock, par value $0.01 per share
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SINT
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The
NASDAQ Capital Market
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Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§
230.405 of this chapter) or Rule 12b–2 of the Securities Exchange Act of 1934 (§ 240.12b–2 of this chapter).
Emerging
growth company [X]
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
Item
1.01 Entry into a Material Definitive Agreement.
On
June 7, 2019, SINTX Technologies, Inc. (“SINTX”) entered into an Amendment to Centrepointe Business Park Lease Agreement
(the “Lease Amendment”) with Centrepointe Properties, LLC (“Landlord”). The Lease Amendment amended certain
terms of the original lease agreement entered into between the parties on April 21, 2009 (the “Original Lease”).
Pursuant
to the Lease Amendment, the total leased space was reduced from approximately 54,000 square feet to approximately 30,000
square feet. Additionally, SINTX has agreed to promptly vacate from non-leased space (the “Vacated Premises”).
Once Landlord confirms that SINTX has vacated from the Vacated Premises and the Vacated Premises are ready to be marketed by
Landlord, the monthly rent due under the Original Lease will be decreased by $15,000. SINTX will continue to be responsible
for the full previously leased space until the earlier of January 1, 2020 and the date a new tenant takes possession of the space
vacated by SINTX. The term of the Original Lease was amended to end on December 31, 2024 and SINTX has two five-year extension
options. Beginning January 1, 2020, the base rent is amended to be $16.74 per rentable square foot. On each one-year anniversary
of January 1, 2020 thereafter, the amended base rent will increase by 3% of the immediately preceding prior year’s amended
base rent. Notwithstanding the foregoing, if the Vacated Premises are leased by the Landlord and the new tenant begins paying
rent for periods before January 1, 2020, the base rent for periods prior to January 1, 2020, will be reduced by the amount of
rent paid by the new tenant for the Vacated Premises for periods before January 1, 2020.
The
foregoing description of the Lease Amendment does not purport to be complete and is qualified in its entirety by reference to
the full text of the Lease Amendment, a copy of which is filed hereto as Exhibit 10.1.
Item
8.01 Other Events.
A
copy of the press release issued by the Company with respect to the Lease Amendment is attached hereto as Exhibit 99.1.
Item
9.01 Financial Statements and Exhibits.
EXHIBIT
INDEX
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.
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SINTX
Technologies, Inc.
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Date:
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June
10, 2019
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By:
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/s/
B. Sonny Bal
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B.
Sonny Bal
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Chief
Executive Officer
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