Gyrodyne Files 8-K on Feb 6, 2024; Routine Disclosure

TL;DR

**Gyrodyne filed a routine 8-K on Feb 6, 2024, for general disclosure.**

AI Summary

Gyrodyne, LLC filed an 8-K on February 6, 2024, to report a current event, specifically under Regulation FD Disclosure and Other Events. This filing indicates that the company, which operates nonresidential buildings, is providing updated information to the public. For investors, this matters because 8-K filings often contain material non-public information that could impact the stock price, though this specific filing is a routine update without explicit details of a major event.

Why It Matters

This 8-K filing is a standard disclosure, indicating Gyrodyne is keeping the market informed. While this specific filing doesn't detail a major event, 8-Ks are crucial for transparency and can signal significant changes for investors.

Risk Assessment

Risk Level: low — This 8-K is a general disclosure filing and does not indicate any specific new risks or events that would elevate the risk level for investors.

Analyst Insight

A smart investor would note this routine filing but await further 8-K disclosures or other financial reports for any material information that could impact Gyrodyne's valuation or operational outlook.

Key Players & Entities

• Gyrodyne, LLC (company) — the registrant filing the 8-K
• February 6, 2024 (date) — date of earliest event reported and filing date
• 001-37547 (other) — Commission File Number for Gyrodyne, LLC
• 46-3838291 (other) — I.R.S. Employer Identification No. for Gyrodyne, LLC
• New York (other) — State of incorporation for Gyrodyne, LLC

FAQ

Filing Documents

• gyrllc20240205_8k.htm (8-K) — 30KB
• ex_622968.htm (EX-99.1) — 13KB
• 0001437749-24-003182.txt ( ) — 182KB
• gyro-20240206.xsd (EX-101.SCH) — 3KB
• gyro-20240206_def.xml (EX-101.DEF) — 12KB
• gyro-20240206_lab.xml (EX-101.LAB) — 15KB
• gyro-20240206_pre.xml (EX-101.PRE) — 12KB
• gyrllc20240205_8k_htm.xml (XML) — 3KB

01

Item 7.01 Regulation FD Disclosure. A copy of a press release announcing the commencement of Gyrodyne, LLC's (the "Company") rights offering and related matters is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information contained in this Item 7.01, including Exhibit 99.1, is furnished herewith and shall not be deemed "filed" for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and such information shall not be deemed to be incorporated by reference into any of the Company's filings under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

01

Item 8.01. Other Events. On February 6, 2024, the Company issued a press release announcing the commencement of its previously announced rights offering. The subscription rights issued in the rights offering are exercisable until 5:00 p.m., New York City time, on March 7, 2024. The Company may extend the rights offering for additional periods ending no later than April 6, 2024, or cancel the rights offering at any time and for any reason. Forward-Looking Statement Safe Harbor The statements made in this press release and other materials the Company has filed or may file with the SEC, in each case that are not historical facts, contain "forward-looking information" within the meaning of the Private Securities Litigation Reform Act of 1995, and Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, both as amended, which can be identified by the use of forward-looking terminology such as "may," "will," "anticipates," "expects," "projects," "estimates," "believes," "seeks," "could," "should," or "continue," the negative thereof, and other variations or comparable terminology as well as statements regarding the evaluation of strategic alternatives and liquidation contingencies. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those reflected in such forward-looking statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties relating to our efforts to enhance the values of our remaining properties and seek the orderly, strategic sale of such properties as soon as reasonably practicable, risks associated with the Article 78 proceeding against the Company and any other litigation that may develop in connection with our efforts to enhance the value of and sell our properties, ongoing community activism, risks associated with proxy

Financial Statements and Exhibits

Financial Statements and Exhibits (d) Exhibits. Exhibit No. Description 99.1 Press release dated February 6, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: February 6, 2024 By: GYRODYNE, LLC /s/ Gary Fitlin Name: Gary Fitlin Title: President, Chief Executive Officer, Chief Financial Officer and Treasurer

View Full Filing

View this 8-K filing on SEC EDGAR