Trinity Place Holdings Files Administrative 8-K; No New Material Info
Ticker: TPHS · Form: 8-K · Filed: Jan 2, 2024 · CIK: 724742
| Field | Detail |
|---|---|
| Company | Trinity Place Holdings Inc. (TPHS) |
| Form Type | 8-K |
| Filed Date | Jan 2, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: administrative, corporate-governance, regulatory-filing
TL;DR
**TPHS filed an administrative 8-K; no material news for traders.**
AI Summary
Trinity Place Holdings Inc. filed an 8-K on January 2, 2024, reporting an 'Other Event' that occurred on December 20, 2023. This filing primarily updates administrative details, confirming its registration on the NYSE American under the trading symbol TPHS, and reiterating its business address at 340 Madison Avenue, New York. For investors, this filing is largely administrative and does not disclose new financial or operational information that would significantly impact the stock's valuation or future prospects.
Why It Matters
This filing is mostly administrative, confirming basic company information and its NYSE American listing. It doesn't contain new financial or operational news that would directly affect the stock price.
Risk Assessment
Risk Level: low — This 8-K filing is purely administrative and does not introduce any new financial or operational risks to the company.
Analyst Insight
A smart investor would recognize this 8-K as an administrative update with no material news, thus it should not influence investment decisions or stock price expectations.
Key Players & Entities
- Trinity Place Holdings Inc. (company) — the registrant filing the 8-K
- NYSE American (company) — the exchange where Trinity Place Holdings Inc. common stock is registered
- TPHS (company) — the trading symbol for Trinity Place Holdings Inc. common stock
- December 20, 2023 (date) — date of the earliest event reported
- January 2, 2024 (date) — date of the report
- 340 Madison Avenue, New York, New York 10173 (company) — address of Principal Executive Offices
FAQ
What is the primary purpose of this 8-K filing by Trinity Place Holdings Inc.?
The primary purpose of this 8-K filing is to report an 'Other Event' that occurred on December 20, 2023, and to provide updated administrative information, including confirming its registration on the NYSE American under the trading symbol TPHS.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on December 20, 2023.
What is the trading symbol and exchange for Trinity Place Holdings Inc. common stock?
The common stock of Trinity Place Holdings Inc. trades under the symbol TPHS on the NYSE American exchange.
What is the business address listed for Trinity Place Holdings Inc. in this filing?
The business address for Trinity Place Holdings Inc. is 340 Madison Avenue, New York, New York 10173.
Does this 8-K filing contain any new financial or operational disclosures?
No, this 8-K filing does not contain any new financial or operational disclosures; it primarily consists of administrative details and confirmation of existing information.
Filing Stats: 865 words · 3 min read · ~3 pages · Grade level 19.3 · Accepted 2024-01-02 16:15:20
Key Financial Figures
- $0.01 — nge on which registered Common Stock $0.01 Par Value Per Share TPHS NYSE Ameri
Filing Documents
- tm241447d1_8k.htm (8-K) — 24KB
- 0001104659-24-000336.txt ( ) — 191KB
- tphs-20231220.xsd (EX-101.SCH) — 3KB
- tphs-20231220_lab.xml (EX-101.LAB) — 33KB
- tphs-20231220_pre.xml (EX-101.PRE) — 22KB
- tm241447d1_8k_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. As previously disclosed in the Current Report on Form 8-K filed with the SEC on August 31, 2023 (the " August 8-K ", on August 24, 2023, (i) the Company and its subsidiary borrower (the " Mezz Borrower ") under the Amended and Restated Mezzanine Loan Agreement (the " Mezz Loan Agreement "), dated as of December 22, 2020, by and among the Mezz Borrower and TPHS Lender II LLC, as lender (" Mezz Lender ") and administrative agent thereunder, and (ii) the Company, as borrower under the Credit Agreement, dated as of December 19, 2019 (as amended, the " CCF "), by and between the Company, certain of its subsidiaries, as guarantors, and TPHS Lender LLC, as initial lender (the " CCF Lender ") and administrative agent, each entered into a forbearance agreement, pursuant to which each of the Mezz Lender and CCF Lender agreed to forbear from exercising its rights and remedies with respect to certain specified defaults described in the August 8-K , until the earliest of December 31, 2023 and the occurrence of certain other specified events described in the August 8-K (the " Prior TPHS Lender Forbearance Periods "). In addition, as previously disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission (the " SEC ") on September 7, 2023 (the " September 8-K" ), on September 6, 2023, Trinity Place Holdings Inc. (the " Company ") and its subsidiary borrower (the " Mortgage Borrower ") under the Master Loan Agreement, dated as of October 22, 2021 (the " Mortgage Loan Agreement "), by and between the Mortgage Borrower and Macquarie PF Inc., as lender and administrative agent (the " Mortgage Lender "), entered into a forbearance agreement effective as of September 1, 2023, pursuant to which, among other things, the Mortgage Lender agreed to forbear from exercising its rights and remedies with respect to certain specified defaults described in the September 8-K, until the earliest of December 20, 2023 and the occurrence of cer
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. TRINITY PLACE HOLDINGS INC. Date: January 2, 2024 /s/ Steven Kahn Steven Kahn Chief Financial Officer