American Strategic Investment Co. Files 8-K

TL;DR

ASI files 8-K, updates on stock and rights, fiscal year ends Dec 31.

AI Summary

American Strategic Investment Co. (formerly New York City REIT, Inc.) filed an 8-K on June 26, 2024, reporting on various events. The filing includes information on their common stock and rights, and details their corporate structure and financial reporting, with their fiscal year ending December 31st.

Why It Matters

This 8-K filing provides an update on American Strategic Investment Co.'s corporate structure and financial reporting, which is important for investors to understand the company's current status and regulatory compliance.

Risk Assessment

Risk Level: low — The filing is a routine 8-K reporting corporate information and does not appear to contain significant new risks or material adverse events.

Key Numbers

• 1231 — Fiscal Year End (Indicates the end of the company's financial reporting year.)

Key Players & Entities

• American Strategic Investment Co. (company) — Registrant
• New York City REIT, Inc. (company) — Former Company Name
• June 26, 2024 (date) — Date of Report
• Maryland (jurisdiction) — State of Incorporation

FAQ

Key Financial Figures

• $0.01 — ch registered Class A common stock, $0.01 par value per share NYC New York St
• $63.5 million — ll the Property for a purchase price of $63.5 million. It is expected that the closing of the

Filing Documents

• tm2418274d1_8k.htm (8-K) — 28KB
• tm2418274d1_ex99-1.htm (EX-99.1) — 8KB
• tm2418274d1_ex99-1img01.jpg (GRAPHIC) — 11KB
• 0001104659-24-074917.txt ( ) — 270KB
• nyc-20240626.xsd (EX-101.SCH) — 3KB
• nyc-20240626_def.xml (EX-101.DEF) — 26KB
• nyc-20240626_lab.xml (EX-101.LAB) — 36KB
• nyc-20240626_pre.xml (EX-101.PRE) — 25KB
• tm2418274d1_8k_htm.xml (XML) — 5KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On June 26, 2024, American Strategic Investment Co. (the " Company ") issued a press release announcing the entry into a term sheet for the sale of the Company's 9 Times Square Midtown Manhattan property (the " Property "), a copy of which is attached hereto as Exhibit 99.1. The information contained in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 furnished herewith, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the " Exchange Act "), or otherwise subject to the liabilities of that Section and shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

01 Other Events

Item 8.01 Other Events. On June 26, 2024, the Company announced the entry into a term sheet to sell the Property for a purchase price of $63.5 million. It is expected that the closing of the transaction will occur within 120 days of the execution of a definitive purchase agreement between the parties. As previously announced, the Company secured an amendment of the loan on the Property which extended the maturity date of the loan to October 2024, with the option of an additional extension of the loan to year-end 2024 subject to certain conditions, to facilitate the proposed sale of the Property. Item 9.01 Financial Statements and Exhibits. (d) Exhibit No Description 99.1 Press Release dated June 26, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES 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 hereunto duly authorized. American Strategic Investment Co. Date: June 26, 2024 By: /s/ Michael Anderson Michael Anderson Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR