When did Stretch Zone receive notification from the landlord of the Commencement Date for the additional space?

According to Stretch Zone's 2025 Franchise Disclosure Document, the company received notification from the landlord regarding the Commencement Date for additional office space on February 17, 2025. This notification relates to an amendment Stretch Zone signed in July 2024 to their existing lease for office space and a training facility. The amendment modified and extended the lease term by three years and included additional space.

Prior to receiving the notification, the additional space had not yet been released to Stretch Zone as of December 31, 2024, even though Stretch Zone had increased its payments to the landlord by $20,242 for the period from August 2024 through December 2024. The landlord also provided rent concessions of $10,788 per month during that same period.

Upon the Commencement Date, which was triggered by the landlord's notification, Stretch Zone was required to value the right of use asset and the lease liability, effective February 17, 2025. This indicates that the notification was a key event that triggered specific accounting and valuation requirements for the company's lease obligations.