Amprius Technologies, Inc. 8-K

What Happened
Amprius Technologies, Inc. announced it entered a lease termination agreement with Starboard Platform Brighton JV, LLC to end its lease for the Colorado Property, effective January 31, 2026. The lease covered approximately 774,155 rentable square feet at 4353 East Bromley Lane (formerly 18875 East Bromley Lane), Brighton, Colorado. As part of the termination, Amprius paid a $20,000,000 termination fee and, except as provided in the agreement, both parties are released from further rights, obligations, or claims under the prior lease.

Key Details

• Lease termination agreement entered January 30, 2026; effective January 31, 2026.
• Termination fee paid by Amprius: $20,000,000.
• Security deposit held as a $1,200,000 letter of credit to be returned on or before February 5, 2026.
• The original lease covered ~774,155 rentable sq. ft.; base rent was approximately $300,000 plus about $190,000 in additional rent; base rent subject to ~3.3% annual increases. The lease had a 15‑year term that began in June 2024.
• The complete Lease Termination agreement will be filed as an exhibit to Amprius’s Form 10‑K for the fiscal year ending December 31, 2025.

Why It Matters
This is a material, one-time cash outlay ($20M) and affects Amprius’s real estate commitments. The termination releases the company from a long-term (15‑year) lease that began in 2024, reducing future lease obligations but costing significant near-term cash. Investors should watch the company’s upcoming 10‑K for the full termination agreement and for how the payment and any related accounting or cash‑flow impacts are reported.