TRANSACT TECHNOLOGIES INC 8-K

What Happened

• On March 31, 2026, TransAct Technologies Incorporated announced it entered into Amendment No. 6 to its lease with Bomax Holdings LLC for its primary operating facility at 20 Bomax Drive, Ithaca, NY.
• The lease term is extended for five years and six months, covering April 1, 2026 through September 30, 2031. The agreement sets monthly base rent at $40,022.13 for April 1, 2026–March 31, 2028, then increases annually beginning April 1, 2028 up to a maximum monthly rent of $43,347.04 for the final six months. Prior to the amendment, monthly base rent was $43,100.75 (for the period May 31, 2025 to the amendment date).
• The full Lease Amendment is filed as Exhibit 10.1 to the 8-K (certain portions are redacted).

Key Details

• Lease address: 20 Bomax Drive, Ithaca, NY 14850 (company’s primary operating facility).
• Extended Term: April 1, 2026 — September 30, 2031 (5 years, 6 months).
• Rent: $40,022.13/month (Apr 1, 2026–Mar 31, 2028); annual step-ups thereafter, up to $43,347.04/month in final six months.
• Landlord: Bomax Holdings LLC (successor to Bomax Properties, LLC).

Why It Matters

• This lease amendment secures TransAct’s main operating location through 2031, providing facility stability and predictability for operations.
• The fixed rent for the first two years and defined annual increases give clearer near‑term cash flow and occupancy cost expectations for investors and financial planning.
• This filing is a property/contract update (Item 1.01); it is not an earnings release or a change in executive management.