TRANSACT TECHNOLOGIES INC 8-K

What Happened

• TransAct Technologies Inc. announced on February 9, 2026 that it entered into a lease with Constantino Noval Nevada 3, LLC for approximately 9,427 sq. ft. of office space at 6140 Brent Thurman Way, Suite 140, Las Vegas, NV. The company will relocate its existing Las Vegas operations to the new premises. The lease has an initial term of five years and four months, begins on the later of February 1, 2026 or the date of substantial completion of landlord improvements (no later than February 28, 2026), and terminates at the end of the 64th month after the commencement date. TransAct also disclosed the lease as creating a direct financial obligation.

Key Details

• Lease signed: February 9, 2026; space: ~9,427 sq. ft.; landlord: Constantino Noval Nevada 3, LLC.
• Initial base rent: $17,911.30 per month; 3% annual base-rent increases each February 1 starting Feb 1, 2027.
• Tenant responsibility: 12.7% of operating expenses (current estimate ≈ $3,582.26/month).
• Options: Two three‑year renewal options (90 days' advance notice). Company expects ~ $100,000 annualized lease/occupancy cost savings.

Why It Matters

• The lease is a material agreement that creates a new, multi‑year financial commitment for TransAct (reported under Items 1.01 and 2.03). For investors, the move may reduce ongoing occupancy costs by the company’s estimate of about $100,000 per year, while locking in a predictable rent schedule with modest annual increases and a share of building operating costs. The filing states there is no other material relationship between the company and the landlord.