American Strategic Investment Co. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
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Item 7.01 Regulation FD Disclosure.
On December 18, 2024, ARCNYC570SEVENTH, LLC, a Delaware limited liability company (the “Seller”) and a wholly-owned subsidiary of American Strategic Investment Co. (the “Company”), consummated the sale of its 9 Times Square Midtown Manhattan property (the “Property”) to 9 Times Square Acquisitions, LLC, a Delaware limited liability company (the “Buyer”), pursuant to that certain Purchase and Sale Agreement, dated August 1, 2024, as amended on November 19, 2024, by and between the Seller and the Buyer. The Property was sold for a gross purchase price of $63.5 million. There were no material relationships, other than in respect of the sale of the Property, among the Seller and the Company, and their respective affiliates, on the one hand, and the Buyer and its affiliates on the other hand.
Item 9.01 Financial Statements and Exhibits.
| (b) | Pro forma financial information. |
The pro forma financial information of the Company as adjusted to give effect to the sale of the Property is presented in the unaudited pro forma consolidated financial statements filed as Exhibit 99.1 to this Current Report on Form 8-K and incorporated by reference in this Item 9.01.
(d)
| Exhibit No | Description | |
| 99.1 | Unaudited Pro Forma Consolidated Financial Statements | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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: December 26, 2024 | By: | /s/ Michael Anderson |
| Michael Anderson | ||
| Chief Executive Officer | ||