Company: LIFD
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001096906-25-000819
Chunk: 90

Company: LFTD PARTNERS INC.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 8
Chunk 90
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 Lease, exclusive of the Expansion Area (Suite 100), is extended as follows: Suites 600 and 700Date Base Monthly Rent February 1, 2027 – January 31, 2028 $4,637.41 February 1, 2028 – January 31, 2029 $4,776.53 February 1, 2029 – May 31, 2029 $4,919.83 

 F-56Table of Contents

Commencing on the Expansion Date, the base monthly rent for the Expansion Area (Suite 100) is as follows: Suite 100Date Base Monthly Rent April 1, 2024 – May 31, 2024 $0.00 June 1, 2024 – March 31, 2025 $16,770.83 April 1, 2025 – March 31, 2026 $17,273.96 April 1, 2026 – March 31, 2027 $17,792.18 April 1, 2027 – March 31, 2028 $18,325.94 April 1, 2028 – March 31, 2029 $18,875.72 April 1, 2029 – May 31, 2029  $19,441.99  Under the Second Amendment to the Second 58th Lease, Lifted is also responsible for paying its proportionate share of real estate taxes and other operating costs. Pursuant to the Second Amendment to the Second 58th Lease, Lifted is required to remit an additional security deposit of $27,741.51 to Ladi for the Second 58th Lease, bringing the total security deposit paid to Ladi for the Second 58th Lease to $34,141.51. The additional security deposit of $27,741.51 was paid on April 4, 2024.   The effectiveness of the Second Amendment to the Second 58th Lease was contingent upon the successful execution of all three of the following documents:  (i)the Lease Termination Agreement dated March 18, 2024, by and between Ladi and Lifted for Lifted’s leased space located at 8920 58th Place, Suite 850, Kenosha, Wisconsin 53144 (the “