secwatch.observer — SEC 8-K summary
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Issuer:     Gyrodyne, LLC (GYRO)
CIK:        0001589061
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0001437749-24-003182
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1589061/000143774924003182/0001437749-24-003182-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1589061/000143774924003182/gyrllc20240205_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-003182

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer