Trinity Place Holdings Inc. Files 8-K for Material Agreement

TL;DR

Trinity Place Holdings Inc. just filed an 8-K for a material definitive agreement. Big news coming.

AI Summary

Trinity Place Holdings Inc. filed an 8-K on April 2, 2024, reporting a material definitive agreement entered into on March 27, 2024. The filing also includes financial statements and exhibits. The company, formerly known as Syms Corp, is incorporated in Delaware and headquartered in New York.

Why It Matters

This filing indicates a significant business transaction or event for Trinity Place Holdings Inc., which could impact its financial performance and strategic direction.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce significant financial or operational risks depending on their nature.

Key Players & Entities

• Trinity Place Holdings Inc. (company) — Registrant
• Syms Corp (company) — Former Company Name
• March 27, 2024 (date) — Date of earliest event reported
• April 2, 2024 (date) — Date of Report
• 340 Madison Avenue, New York, New York 10173 (location) — Principal executive offices

FAQ

Key Financial Figures

• $0.01 — nge on which registered Common Stock $0.01 Par Value Per Share TPHS NYSE Ameri

Filing Documents

• tm2410605d1_8k.htm (8-K) — 25KB
• tm2410605d1_ex10-1.htm (EX-10.1) — 9KB
• 0001104659-24-042523.txt ( ) — 203KB
• tphs-20240327.xsd (EX-101.SCH) — 3KB
• tphs-20240327_lab.xml (EX-101.LAB) — 33KB
• tphs-20240327_pre.xml (EX-101.PRE) — 22KB
• tm2410605d1_8k_htm.xml (XML) — 3KB

01. Entry into

Item 1.01. Entry into a Material Definitive Agreement. On March 27, 2024, Trinity Place Holdings Inc. (the " Company "), TPHS Lender LLC (the " Company Investor ") and TPHS Investor LLC (the " JV Investor ", and together with the Company Investor, the " Investor ") entered into a letter agreement (the " Letter Agreement ") pursuant to which the parties agreed to extend the date by which the Company must complete the delisting of its publicly traded common stock from the NYSE American in accordance with the terms and conditions of the Stock Purchase Agreement, dated as of January 5, 2024, between the Company and the Investor, by thirty (30) days, such that the Company is now required to complete the delisting process not later than April 29, 2024, unless otherwise agreed by the parties. The foregoing description of the Letter Agreement is only a summary, does not purport to be complete and is qualified in its entirety by reference to the full text of the Letter Agreement, which is filed as Exhibit 10.1 hereto and incorporated herein by reference. Item 9.01. Financial Statements and Exhibits. (d) Exhibits 10.1 Letter Agreement, dated as of March 27, 2024, by and between Trinity Place Holdings Inc., a Delaware corporation, TPHS Lender LLC, a Delaware limited liability company and TPHS Investor LLC, a Delaware limited liability company 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. TRINITY PLACE HOLDINGS INC. Date: April 2, 2024 /s/ Steven Kahn Steven Kahn Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR