American Strategic Investment Co. Faces Delisting Concerns

TL;DR

ASI might be delisted - major red flag!

AI Summary

American Strategic Investment Co. (formerly New York City REIT, Inc.) filed an 8-K on August 27, 2025, reporting a notice of delisting or failure to satisfy a continued listing rule or standard, along with a Regulation FD disclosure and financial statements. The filing date for the earliest event reported is August 26, 2025.

Why It Matters

This filing indicates potential issues with American Strategic Investment Co.'s continued listing on an exchange, which could impact its stock trading and investor confidence.

Risk Assessment

Risk Level: high — A notice of delisting or failure to meet listing standards suggests significant financial or operational distress for the company.

Key Players & Entities

• American Strategic Investment Co. (company) — Registrant
• New York City REIT, Inc. (company) — Former company name
• August 26, 2025 (date) — Earliest event reported date
• August 27, 2025 (date) — Filing date

FAQ

Key Financial Figures

• $0.01 — ch registered Class A common stock, $0.01 par value per share NYC New York St
• $50 million — rket capitalization to be not less than $50 million and the Company's stockholders' equity
• $34.3 million — market capitalization was approximately $34.3 million and the Company's last reported stockho
• $35.5 million — y as of June 30, 2025 was approximately $35.5 million. In accordance with applicable NYSE pr

Filing Documents

• tm2524555d1_8k.htm (8-K) — 30KB
• tm2524555d1_ex99-1.htm (EX-99.1) — 9KB
• tm252455d1_ex99-1img001.jpg (GRAPHIC) — 5KB
• 0001104659-25-084078.txt ( ) — 257KB
• nyc-20250826.xsd (EX-101.SCH) — 3KB
• nyc-20250826_def.xml (EX-101.DEF) — 26KB
• nyc-20250826_lab.xml (EX-101.LAB) — 36KB
• nyc-20250826_pre.xml (EX-101.PRE) — 25KB
• tm2524555d1_8k_htm.xml (XML) — 5KB

01 Notice of Delisting or Failure to

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On August 26, 2025, American Strategic Investment Co. (the "Company") received a written notice (the "Notice") from the New York Stock Exchange ("NYSE") that the Company did not presently satisfy the NYSE's continued listing standards under Section 802.01B of the NYSE Listed Company Manual (the "Manual"), which requires the Company's 30-trading day average market capitalization to be not less than $50 million and the Company's stockholders' equity to be not less than $50 million. As set forth in the Notice, as of August 25, 2025, the Company's 30-trading day average market capitalization was approximately $34.3 million and the Company's last reported stockholders' equity as of June 30, 2025 was approximately $35.5 million. In accordance with applicable NYSE procedures, within 45 days from receipt of the Notice, the Company must submit to NYSE a business plan that demonstrates compliance with Section 802.01B of the Manual within 18 months of receipt of the Notice. The Listing Operations Committee of NYSE will review the business plan and will either accept the plan, at which time the Company will be subject to ongoing quarterly monitoring for compliance with the business plan, or reject it, at which time the Company will be subject to suspension and delisting proceedings. The Company is working to submit to NYSE a business plan within the 45 calendar-day-period described above. The Notice has no immediate effect on the listing of the Company's Class A common stock, which will continue to be listed and traded on NYSE during the cure periods outlined above, subject to the Company's compliance with other NYSE continued listing requirements. The current noncompliance with the standards described above does not affect the Company's ongoing business operations or its reporting requirements with the Securities and Exchange Commission.

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On August 27, 2025, the Company issued a press release disclosing its receipt of the Notice referenced above. A copy of the press release is attached as Exhibit 99.1 to the Current Report on Form 8-K and is incorporated by reference in this Item 7.01. The information contained in this Item 7.01, including Exhibit 99.1 furnished herewith, is being furnished and shall not be deemed "filed" for any purpose, including for the 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 into any filing under the Exchange Act or the Securities Act of 1933, as amended, regardless of any general incorporation language in such filing, except to the extent expressly stated in such filing. Item 9.01 Financial Statements and Exhibits. (d) Exhibit No Description 99.1 Press Release of American Strategic Investment Co., dated August 27, 2025. 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: August 27, 2025 By: /s/ Michael LeSanto Michael LeSanto Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR