Trinity Place gets NYSE American delisting notice for late Q2 filing due to accounting restatement

Trinity Place Holdings Inc.

Received NYSE American notice for failing to timely file Q2 2022 Form 10-Q; six months to regain compliance.
Restating prior financials due to error in capitalizing construction costs at 77 Greenwich Street.
Restatement reduces net income and total assets for certain periods; no cumulative earnings impact expected.
Expects to file Q2 10-Q in early September; 2021 annual and Q1 2022 amendments to follow soon after.
No immediate effect on listing or trading; delisting only if not timely filed within the six-month cure period.

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