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

TL;DR

Trinity Place Holdings Inc. just signed a big deal, filing an 8-K on 5/31.

AI Summary

Trinity Place Holdings Inc. filed an 8-K on June 3, 2024, reporting a material definitive agreement entered into on May 31, 2024. The filing also includes financial statements and exhibits. The company is incorporated in Delaware and its principal executive offices are located at 340 Madison Avenue, New York, NY.

Why It Matters

This filing indicates a significant new agreement for Trinity Place Holdings Inc., which could impact its future operations and financial performance.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that are not yet fully understood.

Key Players & Entities

• Trinity Place Holdings Inc. (company) — Registrant
• May 31, 2024 (date) — Date of earliest event reported
• June 3, 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

• tm2416290d1_8k.htm (8-K) — 24KB
• tm2416290d1_ex10-1.htm (EX-10.1) — 2KB
• 0001104659-24-067805.txt ( ) — 195KB
• tphs-20240531.xsd (EX-101.SCH) — 3KB
• tphs-20240531_lab.xml (EX-101.LAB) — 33KB
• tphs-20240531_pre.xml (EX-101.PRE) — 22KB
• tm2416290d1_8k_htm.xml (XML) — 3KB

01. Entry into

Item 1.01. Entry into a Material Definitive Agreement. As previously disclosed, 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 (the " Delisting ") , as further extended by the parties on April 12, 2024, such that the Company was required to complete the Delisting not later than June 28, 2024, unless otherwise agreed by the parties. On May 31, 2024, the Investor and the Company agreed to further extend the date by which the Company must complete the Delisting to August 1, 2024, unless otherwise agreed by the parties (the " Extension Agreement "). The foregoing description of the Extension 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 Extension 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 Extension Agreement, dated as of May 31, 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. TRINITY PLACE HOLDINGS INC. Date: June 3, 2024 /s/ Steven Kahn Steven Kahn Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR