NextCure ends Beltsville lease early, pays $0.8 million termination fee
NextCure amended its Beltsville, Maryland lease, vacated its remaining roughly 29,864 square feet effective August 31, 2026, and ended future rent obligations effective September 1, 2026. The company paid a one-time termination fee of about $0.8 million and forfeited a security deposit of about $39,000, which reduces its ongoing facility costs but involves a one-time cash charge.
Key points
- Lease amendment dated August 28, 2026 covers about 29,864 rentable square feet at 8000 Virginia Manor Road, Beltsville, Maryland
- Company vacated and surrendered the premises effective August 31, 2026
- Future rent obligations terminated effective September 1, 2026
- One-time termination fee of about $0.8 million paid and security deposit of about $39,000 forfeited
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.