ESRT Files 8-K on Listing Status Change
Ticker: ESRT · Form: 8-K · Filed: Aug 19, 2024 · CIK: 1541401
| Field | Detail |
|---|---|
| Company | Empire State Realty Trust, Inc. (ESRT) |
| Form Type | 8-K |
| Filed Date | Aug 19, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: listing-change, delisting-notice, regulatory
Related Tickers: ESRT
TL;DR
ESRT's listing status is changing, could affect trading.
AI Summary
Empire State Realty Trust, Inc. (ESRT) filed an 8-K on August 19, 2024, to report a notice of delisting or failure to satisfy a continued listing rule or standard, and a transfer of listing. The filing also includes financial statements and exhibits. The specific details of the delisting or transfer were not elaborated upon in the provided text.
Why It Matters
This filing indicates a potential change in the stock exchange where Empire State Realty Trust is listed, which could impact investor access and trading liquidity.
Risk Assessment
Risk Level: medium — A notice of delisting or failure to meet listing standards suggests potential financial or operational issues that could negatively impact the company's stock.
Key Players & Entities
- Empire State Realty Trust, Inc. (company) — Filer
- Empire State Realty OP, L.P. (company) — Filer
- 20240815 (date) — Report Date
- 20240819 (date) — Filing Date
FAQ
What specific listing rule or standard did Empire State Realty Trust fail to satisfy?
The provided text does not specify which particular listing rule or standard was not met by Empire State Realty Trust, Inc.
Which stock exchange is Empire State Realty Trust transferring its listing to?
The filing indicates a 'Transfer of Listing' but does not specify the new exchange Empire State Realty Trust is moving to.
What is the effective date of the delisting or transfer of listing?
The filing is dated August 19, 2024, and the 'Date As Of Change' is also August 19, 2024, suggesting the event is effective on or around this date.
Are there any immediate financial implications mentioned due to this listing status change?
The filing itself is a notice of the event and does not detail immediate financial implications, though such changes often carry them.
What is the Central Index Key (CIK) for Empire State Realty Trust, Inc.?
The Central Index Key for Empire State Realty Trust, Inc. is 0001541401.
Filing Stats: 1,073 words · 4 min read · ~4 pages · Grade level 10.7 · Accepted 2024-08-19 08:32:19
Key Financial Figures
- $0.01 — , Inc. Class A Common Stock, par value $0.01 per share ESRT The New York Stock Excha
Filing Documents
- esrt-20240815.htm (8-K) — 46KB
- esrtpressrelease81924.htm (EX-99.1) — 15KB
- image_0.jpg (GRAPHIC) — 2KB
- image_1.jpg (GRAPHIC) — 2KB
- image_2.jpg (GRAPHIC) — 25KB
- image_3.jpg (GRAPHIC) — 1KB
- image_4.jpg (GRAPHIC) — 1KB
- image_5.jpg (GRAPHIC) — 88KB
- 0001541401-24-000025.txt ( ) — 423KB
- esrt-20240815.xsd (EX-101.SCH) — 3KB
- esrt-20240815_def.xml (EX-101.DEF) — 18KB
- esrt-20240815_lab.xml (EX-101.LAB) — 33KB
- esrt-20240815_pre.xml (EX-101.PRE) — 19KB
- esrt-20240815_htm.xml (XML) — 7KB
01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. As previously disclosed in the Notification of Late Filing on Form 12b-25 filed by Empire State Realty Trust, Inc. ("ESRT") and Empire State Realty OP, L.P. ("ESROP" and together with ESRT, the "Registrants") with the Securities and Exchange Commission ("SEC") on August 12, 2024, each Registrant has determined that it is unable to file its Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2024 (the "Form 10-Q") by the prescribed due date because subsequent to the filing of the Registrants' Form 10-Ks for the period ended December 31, 2023, the filing of the Registrants' Form 10-Qs for the quarterly period ended March 31, 2024 and the Registrants' Q2 2024 earnings release and call, Ernst & Young LLP ("EY"), the Registrants' independent registered public accounting firm, informed the Registrants that following EY's internal post-audit quality review of its audit of the Registrants' consolidated financial statements for the year ended December 31, 2023, EY had identified control deficiencies in the design of certain information technology general controls for the Registrants' information systems and applications which were relevant to the preparation of consolidated financial statements as of December 31, 2023. On August 15, 2024, ESRT received a notice (the "NYSE Notice") from the New York Stock Exchange ("NYSE") indicating that, as a result of not having timely filed the Form 10-Q with the SEC , ESRT is not in compliance with Section 802.01E of the NYSE Listed Company Manual (the "NYSE Listing Standard"), which requires timely filing of all required periodic financial reports with the SEC. On August 16, 2024, ESROP received a notice (the "NYSE Arca Notice" and together with the NYSE Notice, the "Notices") from the NYSE Arca, Inc. ("NYSE Arca" and together with "NYSE," the "Exchanges") indicating that, as a result of not having timely f
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release, dated August 19, 2024 104 The cover page from this Report on Form 8-K, formatted in Inline XBRL SIGNATURE Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. EMPIRE STATE REALTY TRUST, INC. (Registrant) Date: August 19, 2024 By: /s/ Stephen V. Horn Name: Stephen V. Horn Title: Executive Vice President, Chief Financial Officer & Chief Accounting Officer EMPIRE STATE REALTY OP, L.P. (Registrant) By: Empire State Realty Trust, Inc., as general partner Date: August 19, 2024 By: /s/ Stephen V. Horn Name: Stephen V. Horn Title: Executive Vice President, Chief Financial Officer & Chief Accounting Officer