---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-003182"
form_type: "8-K"
ticker: "GYRO"
cik: "0001589061"
company_name: "Gyrodyne, LLC"
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T08:07:52.221039+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Gyrodyne launches rights offering to raise up to $5M at $8.00 per share

## Summary
- Rights offering to raise up to $5M via 625K shares at $8.00/share.
- Existing holders get one non-transferable right per five shares held; each right buys two shares.
- Subscription period ends March 7, 2024; may extend to April 6, 2024.
- Proceeds for property entitlements, litigation, capital improvements, working capital.
- Registration statement declared effective Feb 2, 2024.

## SEC filing metadata
- accession: 0001437749-24-003182
- form_type: 8-K
- ticker: GYRO
- cik: 0001589061
- company_name: Gyrodyne, LLC
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1589061/000143774924003182/0001437749-24-003182-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1589061/000143774924003182/gyrllc20240205_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-003182
- JSON: https://secwatch.observer/filing/0001437749-24-003182.json
- Plain text: https://secwatch.observer/filing/0001437749-24-003182.txt

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