Beam Global (NASDAQ: BEEM) signs new HQ lease extension with landlord

Rhea-AI Filing Summary

Beam Global entered into a second lease extension agreement for its headquarters at 5660 Eastgate Drive, San Diego, California. The new extension runs for seven months, from March 1, 2026 through September 30, 2026.

During this extension term, the company will pay monthly base rent of $62,400 plus $9,080 for common area maintenance and other triple-net charges, for a total monthly payment of $71,480. The landlord may terminate the lease at any time with 90 days’ prior written notice, while all other original lease terms remain in effect.

8-K Event Classification

2 items: 1.01, 9.01

2 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): January 26, 2026

BEAM GLOBAL

(Exact Name of Registrant as Specified in Charter)

Nevada		000-53204		26-1342810
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

5660 Eastgate Drive, San Diego, CA	92121
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code: (858) 321-2223

___________________________________________________

(Former name or Former Address, if Changed Since Last Report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock		BEEM		NASDAQ Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

Item 1.01.         Entry into a Material Definitive Agreement.

On January 26, 2026, Beam Global (the “Company”) entered into a second Lease Extension Agreement (the “Extension Agreement”) with PNN Holdings, LP (the “Landlord”), relating to the Company’s headquarters located at 5660 Eastgate Drive, San Diego, CA 92121. Under the first Extension Agreement, the term of the existing lease, originally dated February 7, 2020, was extended for an additional six (6) months, commencing on September 1, 2025, and expiring on February 28, 2026. Under the second Extension Agreement, the term of the lease has been extended for an additional seven (7) months, commencing on March 1, 2026, and expiring on September 30, 2026. During the extension term, the monthly base rent will be $62,400, plus additional rent of $9,080 for common area maintenance and other NNN charges, for a total monthly payment of $71,480. The Extension Agreement also grants the Landlord the right to terminate the lease at any time, upon ninety (90) days’ prior written notice to the Company. Except as modified by the Extension Agreement, the terms and conditions of the original lease remain in full force and effect.

The foregoing description of the Extension Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Extension Agreement which is attached hereto as Exhibit 10.1 and incorporated in Item 1.01 of this Current Report on Form 8-K by reference.

Item 9.01. Financial Statements and Exhibits.

(d)  Exhibits

Exhibit Number		Description
10.1		Lease Extension Agreement dated January 26, 2026.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	BEAM GLOBAL
Dated: January 28, 2026	By:	/s/ Lisa A. Potok
	Name:	Lisa A. Potok
	Title:	Chief Financial Officer

FAQ

What lease change did Beam Global (BEEM) disclose in this 8-K?

Beam Global disclosed a second extension of its headquarters lease at 5660 Eastgate Drive, San Diego. The new extension runs for seven months, starting March 1, 2026 and ending September 30, 2026, keeping the company in its current facility under updated terms.

How long is Beam Global’s new headquarters lease extension?

The new lease extension for Beam Global’s headquarters lasts seven months, from March 1, 2026 through September 30, 2026. This follows a prior six-month extension that had extended the lease to February 28, 2026 under the original agreement dated February 7, 2020.

What is Beam Global’s monthly rent under the extended lease?

Under the extended lease, Beam Global will pay monthly base rent of $62,400 plus $9,080 for common area maintenance and other triple-net charges. This results in a total monthly payment of $71,480 for the headquarters premises during the seven-month extension term.

Can the landlord terminate Beam Global’s extended lease early?

Yes. The extension agreement grants the landlord the right to terminate the lease at any time with ninety days’ prior written notice to Beam Global. All other terms and conditions from the original headquarters lease remain in full force unless modified by the extension agreement.

Does the Beam Global lease extension change other original lease terms?

Other than the new extension period and updated rent schedule, the agreement keeps the original lease terms in place. The filing states that, except as modified by the extension agreement, all terms and conditions of the original lease remain in full force and effect.