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    Drive Shack Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    11/21/22 8:57:22 AM ET
    $DS
    Real Estate Investment Trusts
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    false0001175483NYSENYSENYSENYSENYSE00011754832022-11-212022-11-210001175483us-gaap:SeriesDPreferredStockMember2022-11-212022-11-210001175483us-gaap:CommonStockMember2022-11-212022-11-210001175483us-gaap:SeriesBPreferredStockMember2022-11-212022-11-210001175483us-gaap:SeriesCPreferredStockMember2022-11-212022-11-210001175483us-gaap:PreferredStockMember2022-11-212022-11-21

    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): November 21, 2022
     
    Drive Shack Inc.
    (Exact name of registrant as specified in its charter)

    Maryland
    (State or other jurisdiction of incorporation)

    001-31458
     
    81-0559116
    (Commission File Number)
     
    (IRS Employer Identification No.)

    10670 N. Central Expressway, Suite 700
    Dallas, TX
     
    75231
    (Address of principal executive offices)
     
    (Zip Code)
     
    Registrant’s telephone number, including area code (646) 585-5591

    N/A
    (Former name or former address, if changed since last report.)

    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 (see General Instruction A.2. below):

    ☐
    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
      Common Stock, $0.01 par value per share
    DS
    New York Stock Exchange (NYSE)
     
    9.75% Series B Cumulative Redeemable Preferred Stock, $0.01 par value per share
    DS-PB
    New York Stock Exchange (NYSE)
     
    8.05% Series C Cumulative Redeemable Preferred Stock, $0.01 par value per share
    DS-PC
    New York Stock Exchange (NYSE)
     
    8.375% Series D Cumulative Redeemable Preferred Stock, $0.01 par value per share
    DS-PD
    New York Stock Exchange (NYSE)
     
    Preferred Stock Purchase Rights
    N/A
    New York Stock Exchange (NYSE)

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
     
    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. ☐



    Item 2.02.
    Results of Operations and Financial Condition.

    On November 21, 2022, Drive Shack Inc. (the “Company”) issued a press release announcing the Company’s results for the third quarter ended September 30, 2022. A copy of the Company’s press release is attached to this Current Report on Form 8-K (the “Current Report”) as Exhibit 99.1 and is incorporated herein solely for purposes of this Item 2.02 disclosure.  Item 2.02 of this Current Report, including the exhibits hereto, is being furnished and shall not be deemed to be filed for purpose of Section  18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any  of the Company’s filings under the  Securities Act of 1933, as amended, or the Exchange Act, unless expressly set forth as being incorporated by reference into such filing.

    Item 9.01.
    Financial Statements and Exhibits.

    (d)
    Exhibits

    99.1
    Press Release, dated November 21, 2022

    104
    Cover Page Interactive Data File (formatted as Inline XBRL).


    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.

    DRIVE SHACK INC.
     
    (Registrant)
     
       
    /s/ Nicholas M. Foley
     
       
    General Counsel and Secretary
     
     
    Date:  November 21, 2022
     


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