{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-028132","form_type":"8-K","ticker":"GYRO","cik":"0001589061","company_name":"Gyrodyne, LLC","filed_at":"2023-10-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.661528+00:00","generated_at":"2026-06-10T00:42:34.276342+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Gyrodyne reports estimated NAV of $20.14/share, updates on entitlement delays and activist costs","bullets":["Estimated liquidating value $20.14 per share at Q2 2023, up $4.61 from Dec 2021, driven by $11.1M real estate value increase.","Cortlandt Manor received medical district designation (150K sq ft office, 4K retail) in March 2023; Smithtown final approvals expected late 2023/early 2024.","Article 78 proceeding challenging Smithtown subdivision reassigned to second new judge; motion to dismiss filed June 2022 remains undecided.","Shareholder activist campaign (Star Equity) cumulative cost ~$600K through June 2023; total may reach $1M; D&O insurance coverage being pursued.","Company seeking supplemental funding before year-end; $9.6M debt at fixed rates 3.75-3.85% unaffected by Fed hikes; annual debt service ~$650K."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-028132","json":"https://secwatch.observer/filing/0001437749-23-028132.json","markdown":"https://secwatch.observer/filing/0001437749-23-028132.md","text":"https://secwatch.observer/filing/0001437749-23-028132.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1589061/000143774923028132/0001437749-23-028132-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1589061/000143774923028132/gyrllc20231012_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T00:42:34.276342+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}