Pro-Dex, Inc. has entered into a Third Amendment to its lease agreement for its headquarters and manufacturing facility in Irvine, California. The filing, dated September 16, 2026, details the terms of the agreement with Lessor Irvine Business Properties, a California general partnership.
The amendment modifies a lease originally executed on August 17, 2007, which covers approximately 28,180 square feet of office and industrial space at 2361 McGaw Avenue. This property serves as the company's executive offices and its Irvine, California manufacturing facility.
The primary change under the Third Amendment is the extension of the lease term. The agreement is now set to expire on September 30, 2030. Additionally, the lease includes a provision for annual base rent increases. Beginning October 1, 2027, the base rent is set at $49,281.75 per month. This amount will increase by 3.5% annually, or $1,724.86 per month, on October 1, 2028, and by an additional 3.5% per month, or $1,785.23 per month, on October 1, 2029.
Pro-Dex, Inc. is a company incorporated in Colorado with its principal executive offices located in Irvine, California. The company's common stock trades on the NASDAQ Capital Market under the ticker symbol PDEX.
