Form 8-K - Current report
July 26 2023 - 4:30PM
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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, 2023
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.) |
|
|
|
|
|
650
Fifth Avenue, 30th Floor
New
York, New York 10019 |
(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) |
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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, 2023, American Strategic Investment
Co. (the “Company”) issued a press release, a copy of which is attached hereto as Exhibit 99.1. The information set forth
in Item 7.01 of this Current Report on Form 8-K and in the attached Exhibit 99.1 is deemed to be “furnished” and shall not
be deemed to be “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. The information set forth in Item 7.01 of this Current Report on
Form 8-K, including Exhibit 99.1, 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.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
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, 2023 |
By: |
/s/ Edward M. Weil, Jr. |
|
Edward M. Weil, Jr.
Chief Executive Officer, President, and Secretary |
Exhibit 99.1
FOR IMMEDIATE RELEASE
AMERICAN STRATEGIC INVESTMENT CO. ANNOUNCES
RELEASE DATE
FOR SECOND QUARTER 2023 RESULTS
NEW YORK – July 26, 2023 - American
Strategic Investment Co. (NYSE: NYC) (“NYC” or the “Company”) announced today it will release its financial results
for the second quarter ended June 30, 2023 on Friday, August 11, 2023 before the start of trading on the New York Stock Exchange.
The Company will host a conference call and audio
webcast on Friday, August 11, 2023, beginning at 11:00 a.m. ET, to discuss the second quarter results and provide commentary on business
performance. The call will be conducted by the Company’s management team. A question-and-answer session with analysts and investors
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 11, 2023 through November 11, 2023.
About the Company
American Strategic Investment Co.
owns a portfolio of high-quality commercial real estate. Additional information about NYC can be found on its website at 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 potential adverse effects of (i) the global COVID-19 pandemic, including actions taken to contain or treat COVID-19,
(ii) the geopolitical instability due to the ongoing military conflict between Russia and Ukraine, 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, and (iii) inflationary conditions and higher interest rate environment, (d) the fact that the Company had to restate
or revise certain of its historical financial statements and has identified a material weakness in its internal controls over financial
reporting and (e) that any potential future acquisition is subject to market conditions and capital availability and may not be completed
on favorable terms, or at all, 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, 2022 filed on March 16, 2023 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, Amendments to Quarterly Reports
on Form 10-Q/A 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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