{"url_path":"/sec/mtnb/10-q/2026/item-1","section_key":"item-1","section_title":"Item 1 LEGAL PROCEEDINGS.**","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-08","source_url":"https://www.sec.gov/Archives/edgar/data/1582554/0001493152-26-022010-index.html","accession_number":"0001493152-26-022010","cik":"0001582554","ticker":"MTNB","issuer_name":"Matinas BioPharma Holdings, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1582554/0001493152-26-022010-index.html","primary_entity_key":"0001582554","primary_entity_name":"Matinas BioPharma Holdings, Inc."},"word_count":244,"has_tables":true,"body_markdown":"**Item\n1. LEGAL PROCEEDINGS.**\n\n \n\nThe\nCompany filed a complaint against COE Bridgewater, LLC (its “Landlord”) in the Superior Court of New Jersey, Somerset County,\nChancery Division on July 11, 2025 alleging principally that Landlord illegally locked the Company out of its leased premises in Bridgewater,\nNew Jersey. As a result of the illegal lockout, the Company sought (among other things) a declaration that the lease and all obligations\nthereunder, including rent, terminated as of the date of the lockout. On September 5, 2025, Landlord filed an answer with counterclaims,\nwhich it amended on December 12, 2025. In the counterclaims, Landlord sought a declaration that there was no lockout, or that the lockout\nwas justified, and therefore the lease remains in effect. Landlord also sought damages for the Company’s alleged failure to pay\napproximately $205 in rent (as of December 31, 2025) following the lockout, and alleged conversion of certain furniture, fixtures,\nand equipment (FF&E) items within the premises belonging to Landlord. The matter was resolved by way of Termination of Lease and\nRelease Agreement (“Settlement Agreement”) effective April 7, 2026, pursuant to which the Company (among other things) made\na termination payment of $765 (which was satisfied with the $200 security deposit and a cash payment of $565) in return for\ndiscontinuation of the action, termination of the lease, and an exchange of mutual general releases. The Company exited the Bridgewater\npremises on April 29, 2026 pursuant to the terms of the Settlement Agreement."}