NextCure, Inc. Ends Virginia Manor Lease, Pays $0.8M Termination Fee

What Happened
NextCure, Inc. (NXTC) announced it entered into a Ninth Amendment to its lease with ARE-8000/9000/10000 Virginia Manor, LLC. Under the Amendment (dated August 28, 2026) the company vacated and surrendered its remaining ~29,864 rentable sq ft of lab and office space at 8000 Virginia Manor Road, Beltsville, MD effective August 31, 2026, and accelerated the lease expiration to terminate future rent obligations effective September 1, 2026. In connection with the termination, NextCure paid a one-time termination fee of approximately $0.8 million and forfeited its security deposit of about $39,000. The original lease dated January 30, 2019 is being amended by this action.

Key Details

• Space surrendered: approximately 29,864 rentable square feet (lab and office).
• Amendment date: August 28, 2026; vacancy effective August 31, 2026; lease termination effective September 1, 2026.
• Cash impact: one-time termination fee ≈ $0.8 million; security deposit forfeiture ≈ $39,000.
• Filing: disclosed as Item 1.01 (Material Definitive Agreement) in the Form 8-K filed September 3, 2026.

Why It Matters
This action removes the company’s ongoing rent obligations for the specified Virginia Manor premises and creates a near-term cash outflow of roughly $0.84 million (termination fee plus forfeited deposit). For investors, the item is a material lease termination that will affect NextCure’s future occupancy obligations and short-term cash/expense reporting; details will appear in the company’s financial disclosures.