{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-030773","form_type":"8-K","ticker":"GYRO","cik":"0001589061","company_name":"Gyrodyne, LLC","filed_at":"2024-10-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.891863+00:00","generated_at":"2026-05-30T19:15:01.045112+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Gyrodyne CEO: $4.4M rights offering, NAV per share $16.09, Flowerfield entitlements expected late 2024","bullets":["Rights offering oversubscribed 65%, net proceeds $4.4M to defend Article 78 litigation and negotiate from strength.","Proforma NAV per share $16.09 at June 2024, down from $17.45 at Dec 2022, but total NAV increased ~$5M to $35.4M.","Occupancy 82% as of June 2024 (down from 85% Dec 2022); annual burn rate ~$1.3M ex-land development and litigation costs.","Debt of $11.3M fixed at 3.75%-3.85% through 2027/2028, largely unaffected by rate hikes.","CEO hopeful for final Flowerfield entitlements late 2024; JLL marketing both properties; open to sale of company."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-030773","json":"https://secwatch.observer/filing/0001437749-24-030773.json","markdown":"https://secwatch.observer/filing/0001437749-24-030773.md","text":"https://secwatch.observer/filing/0001437749-24-030773.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1589061/000143774924030773/0001437749-24-030773-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1589061/000143774924030773/gyrllc20241007_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T19:15:01.045112+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"}