---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-123259"
form_type: "8-K"
ticker: "TPHS"
cik: "0000724742"
company_name: "Trinity Place Holdings Inc."
filed_at: "2023-12-04T23:59:59+00:00"
generated_at: "2026-06-07T19:03:03.933561+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Trinity Place receives NYSE American delisting notice; extends forbearance, obtains $750K loan

## Summary
- NYSE American deficiency letter due to stockholders' deficit of $(1.2)M as of Sep 30, 2023 and losses in three of four fiscal years.
- Must submit compliance plan by Dec 29, 2023; cure period through May 29, 2025 to regain listing.
- Mortgage loan forbearance extended to Dec 20, 2023; parties eyeing two-year maturity extension.
- Eighth CCF amendment provides $750K incremental term loan ($375K funded, $375K subject to board approval of proposed transactions).
- Company continues exploring strategic alternatives; no assurance of any transaction or further forbearance.

## SEC filing metadata
- accession: 0001104659-23-123259
- form_type: 8-K
- ticker: TPHS
- cik: 0000724742
- company_name: Trinity Place Holdings Inc.
- filed_at: 2023-12-04T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/724742/000110465923123259/0001104659-23-123259-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/724742/000110465923123259/tm2332143d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-123259
- JSON: https://secwatch.observer/filing/0001104659-23-123259.json
- Plain text: https://secwatch.observer/filing/0001104659-23-123259.txt

## Key facts
- Listing & Compliance Notices
  Trinity Place Holdings Inc. received a nyse_american deficiency notice notice regarding stockholders equity (rules 1003(a)(i), 1003(a)(ii)).
  - Exchange: nyse american
  - Notice: deficiency notice
  - Deficiency: stockholders equity
  - Rules: 1003(a)(i), 1003(a)(ii)
  source text: November 29, 2023, the Company received a deficiency letter (the “ Deficiency Letter ”) from the NYSE American LLC (the “ NYSE American ”) indicating that the Company is not in compliance with the NYSE American continued listing standards set forth in Sections 1003(a)(i) and (ii) of the NYSE American Company Guide (the “Guide”). Section 1003(a)(i) of the Guide requires a listed company’s stockholders’ equity be at least $2.0 million if it has reported losses from continuing operations and/or net losses in two of its three most recent fiscal years. Section 1003(a)(ii) of the Guide requires a li
  evidence_url: https://www.sec.gov/Archives/edgar/data/724742/000110465923123259/0001104659-23-123259-index.htm
- Material Agreements
  Trinity Place Holdings Inc. amended Forbearance Agreement (Mortgage Loan Agreement) with Macquarie PF Inc. valued at Reinstatement and extension of forbearance period to December 20, 2023 (effective 2023-11-28).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Macquarie PF Inc.
  - Value: Reinstatement and extension of forbearance period to December 20, 2023
  - Effective: 2023-11-28
  source text: On November 28, 2023, the Company, Mortgage Borrower and Mortgage Lender entered into an agreement pursuant to which, among other things, the Mortgage Lender agreed to reinstate the Forbearance Period effective as of November 15, 2023 and extend the Forbearance Period to December 20, 2023, as such date may be further extended by the Mortgage Lender in its sole discretion by written notice to the Mortgage Borrower.
  evidence_url: https://www.sec.gov/Archives/edgar/data/724742/000110465923123259/0001104659-23-123259-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.