New York City REIT, Inc. NYC
Not traded — nothing to buy
Read automatically from the filing
The filing says these shares are not traded on any market. The odd-lot term may be real, but there is no way to buy the shares, so there is no trade here.
| Status | Closed |
|---|---|
| Closing date | 2021-01-27 |
| How it is priced | Fixed price |
| Odd-lot threshold | — |
| Must tender everything you hold | Not stated |
| Must tick the odd-lot box on the form | Not stated |
| Price offered | USD $7.00 per share |
| Most an odd-lot tender could be | $693.00 |
Where each of these comes from
Every line above was read out of the filing. Here is the wording it was read from, so you can check it.
expiry = 2021-01-27...”). This Offer to Purchase, the Letter of Transmittal and the Instructions, constitute the “Offer.” Unless extended, withdrawn or earlier terminated, the Offer, proration period and withdrawal rights will expire at 11:59 p.m. Eastern Time, on January 27, 2021 (the “Expiration Date”). You may tender all, a portion or none of your Class B Shares. Stockholders desiring to tender all or any portion of their Class B Shares for purchase must complete and sign a Letter of Transmittal and deliver it to...
listed = True...exploit the short-term illiquidity of the Class B i TABLE OF CONTENTS Shares prior to the time that they automatically convert into shares of the Company’s Class A common stock (“Class A Shares,” and together with Class B Shares, “Shares”). The Class A Shares are listed on the New York Stock Exchange (“NYSE”) under the symbol “NYC.” The Class B Shares are not listed on the NYSE and there is no established trading market or value for the Class B Shares. As discussed in more detail herein, the Class B Shares were created as part of the process that we followed in listing the Class A Shares on the NYSE in August 2020. Importantly, we no...
mechanism = FIXED..._DIV_20-exa1a - none - 2.9011815s TABLE OF CONTENTS Exhibit (a)(1)(A) OFFER TO PURCHASE NEW YORK CITY REIT, INC. 650 FIFTH AVENUE, 30TH FLOOR NEW YORK, NY 10019 (212) 415-6500 OFFER TO PURCHASE UP TO 65,000 SHARES OF ITS OUTSTANDING CLASS B COMMON STOCK AT A PURCHASE PRICE OF $7.00 PER SHARE THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 11:59 P.M. EASTERN TIME, JANUARY 27, 2021, UNLESS EXTENDED, WITHDRAWN OR EARLIER TERMINATED Dear Class B Stockholder: New York City REIT, Inc. (the “Company,” “we,” “us,” or “our”) is offering to purchase up to 65,000 shares of the Company’s Class B common stock, par value...
price = USD 7.0...PURCHASE NEW YORK CITY REIT, INC. 650 FIFTH AVENUE, 30TH FLOOR NEW YORK, NY 10019 (212) 415-6500 OFFER TO PURCHASE UP TO 65,000 SHARES OF ITS OUTSTANDING CLASS B COMMON STOCK AT A PURCHASE PRICE OF $7.00 PER SHARE THE OFFER, PRORATION PERIOD AND WITHDRAWAL RIGHTS WILL EXPIRE AT 11:59 P.M. EASTERN TIME, JANUARY 27, 2021, UNLESS EXTENDED, WITHDRAWN OR EARLIER TERMINATED Dear Class B Stockholder: New York City REIT, Inc. (the “Compa...
priority = True...t more than, 2% of the outstanding Class B Shares without amending or extending the Offer. Properly tendering Class B Shares assures you that at least a portion of your Class B Shares will be purchased so long as we purchase Shares under the Offer (subject to provisions relating to “odd lot” priority and proration described in “The Offer — Section 1”). We will announce the preliminary results of the Offer through an amendment to the Schedule TO, including the expected proration factor, and pay the Purchase Price in cash, less any applicable withholding taxes and without interest, for the Class B Shares we accept for payment promptly...
txn_type = CONSOLIDATION...for services related to the investment and management of the Company’s assets. On August 5, 2020, in anticipation of the listing of Class A Shares on the NYSE under the symbol “NYC,” the Company implemented a series of corporate actions involving a 9.72-to-1 reverse stock split, renamed its common stock as Class A common stock and paid a stock dividend of three Class B Shares for every one Class A Share outstanding after the reverse stock split, which resulted in a net reduction of 2.43 shares for every one share outstanding prior to these corporate actions. On August 18, 2020, the Company completed the listing...
The filings
| Filed | Form | Role | On EDGAR |
|---|---|---|---|
| 2020-12-28 | SC TO-I | original (governing) | View |