secwatch.observer — SEC 8-K summary
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Issuer:     Trinity Place Holdings Inc. (TPHS)
CIK:        0000724742
Form:       8-K
Filed at:   2024-01-02T23:59:59+00:00
Accession:  0001104659-24-000336
Event type: debt
Sentiment:  negative
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Trinity Place extends forbearance with all three lenders to Jan 31, 2024; condition tied to consent solicitation
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- Mortgage lender extended forbearance from Dec 20, 2023 to Jan 31, 2024, conditional on filing preliminary consent solicitation by Jan 5, 2024.
- Mezz and CCF lenders extended forbearance from Dec 31, 2023 to Jan 31, 2024, conditional on Mortgage lender continuing to forbear.
- Extensions relate to previously disclosed defaults under Mezz Loan, CCF Credit, and Mortgage Loan agreements.
- Company must file shareholder consent solicitation regarding proposed transactions with CCF Lender / affiliates by Jan 5 to maintain Mortgage forbearance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/724742/000110465924000336/0001104659-24-000336-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/724742/000110465924000336/tm241447d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-000336

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