secwatch.observer — SEC 8-K summary
======================================

Issuer:     READING INTERNATIONAL INC (RDI)
CIK:        0000716634
Form:       8-K
Filed at:   2026-09-04T19:11:42+00:00
Accession:  0000716634-26-000032
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Reading International sells NYC cinema property for $41M
--------------------------------------------------------

- Sutton Hill Properties, a Reading subsidiary, agreed to sell Cinemas 1, 2 & 3 at 1001-1007 Third Avenue, NYC for $41,000,000.
- Buyer is 1001 Third Avenue LLC; $4.1M down payment paid into escrow, no financing or due diligence contingencies.
- Existing mortgage of ~$19M on the property will be satisfied at closing, expected on or about October 30, 2026.
- Sale proceeds net of mortgage and adjustments will be received at closing; contract to be filed with next periodic report.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/716634/000071663426000032/0000716634-26-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/716634/000071663426000032/rdi-20260831x8k.htm
  HTML page:      https://secwatch.observer/filing/0000716634-26-000032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer