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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM 8-K
CURRENT
REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
Securities
Exchange Act of 1934
Date of Report (Date of earliest event
reported): July 26, 2024
American Strategic Investment Co.
(Exact Name of Registrant as Specified in Charter)
Maryland |
|
001-39448 |
|
46-4380248 |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(I.R.S. Employer
Identification No.) |
|
|
|
|
|
222
Bellevue Ave,
Newport, Rhode Island 02840 |
(Address, including zip code, of Principal
Executive Offices) |
|
Registrant’s telephone number, including area code: (212)
415-6500 |
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b)
of the Act:
Title
of each class: |
|
Trading
Symbol(s) |
|
Name
of each exchange on which
registered |
Class
A common stock, $0.01 par value per share |
|
NYC |
|
New
York Stock Exchange |
Class
A Preferred Stock Purchase Rights |
|
true |
|
New
York Stock Exchange |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Common
Stock [Member]
Item 7.01 Regulation FD Disclosure.
On
July 26, 2024, American Strategic Investment Co. (the “Company”) issued a press release, a copy of which is attached hereto
as Exhibit 99.1.
The
information contained in 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.
Item
9.01 Financial Statements and Exhibits.
(d)
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: July 26, 2024 |
By: |
/s/ Michael Anderson |
|
|
Michael Anderson |
|
|
Chief Executive Officer |
Exhibit 99.1
FOR IMMEDIATE RELEASE
AMERICAN STRATEGIC INVESTMENT CO. ANNOUNCES
RELEASE DATE
FOR SECOND QUARTER RESULTS
- Company
to Host Webcast and Call -
NEW YORK – July 26, 2024 - American
Strategic Investment Co. (NYSE: NYC) (“ASIC” or the “Company”) announced today it will release its financial results
as of, and for the second quarter ended June 30, 2024, on Friday, August 9, 2024, before the New York Stock Exchange open.
The Company will also host a webcast and conference
call the same day at 11:00 a.m. ET to review results and provide commentary on business performance. A question-and-answer session will
follow the prepared remarks.
Dial-in instructions for the conference call
and the replay are outlined below. This conference call will also be broadcast live over the internet and can be accessed by all interested
parties through the Company’s website, http://www.americanstrategicinvestment.com, in the “Investor Relations”
section. To listen to the live call, please go to the “Investor Relations” section of the Company’s website at least
15 minutes prior to the start of the call to register and download any necessary audio software. For those who are not able to listen
to the live broadcast, a replay will be available shortly after the call on the Company’s website.
Conference Call Details
Live Call
Toll-Free Dial-In Number: 1 (888) 330-3127
Toll Dial-In Number: 1 (646) 960-0855
Conference ID: 5954637
Conference Replay*
Toll Free Dial in Number: 1 (800) 770-2030
Toll Dial in Number: 1 (647) 362-9199
Conference ID: 5954637
*Available from August 9, 2024 through November 7, 2024.
About the Company
American Strategic Investment Co.
owns a portfolio of commercial real estate. Additional information about ASIC can be found on its website at http://www.americanstrategicinvestment.com.
Forward-Looking Statements
The statements in this press release that are
not historical facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause
actual results or events to be materially different. The words “may,” “will,” “seeks,” “anticipates,”
“believes,” “expects,” “estimates,” “projects,” “plans,” “intends,”
“should” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements
contain these identifying words. These forward-looking statements are subject to a number of risks, uncertainties and other factors, many
of which are outside of the Company’s control, which could cause actual results to differ materially from the results contemplated
by the forward-looking statements. These risks and uncertainties include (a) the anticipated benefits of the Company’s election
to terminate its status as a real estate investment trust, (b) whether the Company will be able to successfully acquire new assets or
businesses, (c) the ability of the Company to enter into a definitive agreement for the sale of 9 Times Square on the contemplated terms
and consummate such sale; (d) the ability of the Company to execute its business plan and sell certain of its properties on commercially
practicable terms, if at all; (e) the potential adverse effects of the geopolitical instability due to the ongoing military conflict between
Russia and Ukraine and Israel and Hamas, including related sanctions and other penalties imposed by the U.S. and European Union, and the
related impact on the Company, the Company’s tenants, and the global economy and financial markets, (f) the potential adverse effects
of inflationary conditions and higher interest rate environment, (g) that any potential future acquisition or disposition is subject to
market conditions and capital availability and may not be completed on favorable terms, or at all, and (h) the Company may not be able
to continue to meet the New York Stock Exchange’s (“NYSE”) continued listing requirements and rules, and the NYSE may
delist the Company's common stock, which could negatively affect the Company, the price of the Company's common stock and the Company’s
shareholders’ ability to sell the Company's common stock, as well as those risks and uncertainties set forth in the Risk Factors
section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 filed on April 1, 2024 and all other filings
with the Securities and Exchange Commission after that date including but not limited to the subsequent Quarterly Reports on Form 10-Q
and Current Reports on Form 8-K, as such risks, uncertainties and other important factors may be updated from time to time in the Company’s
subsequent reports. Further, forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation
to update or revise any forward-looking statement to reflect changed assumptions, the occurrence of unanticipated events or changes to
future operating results, unless required to do so by law.
Contacts:
Investor Relations
info@ar-global.com
(866) 902-0063
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