IntrinsicIntrinsic
OverviewFinancialsChartBusiness SummaryFilingsOwnershipValuation

Recent Updates — BEEM

June 24, 2026View Source ↗

Beam Global entered into a lease agreement on June 17, 2026, with the Ron L. and Jacqueline S. Reynolds Family Trust for two industrial buildings in Yuma, Arizona. Spanning approximately 54,400 square feet, the premises will support office, warehouse, and manufacturing operations. The lease for 653 E. 20th Street begins July 15, 2026, for five years, while 655 E. 20th Street begins January 1, 2027, for four years and seven months. Monthly base rent scales from $7,810.25 in July 2026 to $30,596.39 by August 2030, with a rent abatement period from August to December 2026. The agreement includes an exclusive purchase option starting at $4,500,000, increasing by 3% annually. Beam Global provides solar-powered EV charging solutions.