Reading International Inc 8-K, filed Sep 4, 2026
Reading International Inc (RDI)
About this 8-K
Reading International Inc filed this 8-K on September 4, 2026, reporting on events of August 31, 2026.
Items reported
- Item 1.01: Entered into a material agreement
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported):
(Exact Name of Registrant as Specified in its Charter)
|
|
|
(State or Other Jurisdiction | (Commission | (IRS Employer |
|
|
|
(Address of Principal Executive Offices) | (Zip Code) | |
Registrant's telephone number, including area code: (
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
|
|
|
|
| |||||
Title of each class |
| Trading Symbol(s) |
| Name of each exchange on which registered | |||||
|
| The | |||||||
|
| The | |||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 1.01Entry into a Material Definitive Agreement
On August 31, 2026, Sutton Hill Properties, LLC, a Nevada limited liability company and a subsidiary of Reading International, Inc. (“SHP”), entered into a Contract of Sale (the “Contract”) with 1001 Third Avenue LLC, a New York limited liability company (the “Purchaser”), providing for the sale of the SHP’s cinema property located at 1001–1007 Third Avenue, New York, New York, commonly referred to as Cinemas 1, 2 & 3 (the “Premises”), for a sale price of $41,000,000 (the “Sale Price”). A down payment of $4,100,000 has been paid into escrow, with the balance of the Sale Price, subject to customary adjustments, payable at the closing. The Closing is not subject to the satisfaction of any further due diligence or financing contingencies. The Premises is currently encumbered by an existing mortgage loan in the approximate amount of $19,000,000, SHP’s obligations with respect to which will be satisfied at the Closing.
The closing is expected to occur on or about October 30, 2026.
The foregoing description of the Contract does not purport to be complete and is qualified in its entirety by reference to the full text of the Contract, a copy of which will be filed as an exhibit to the Registrant’s next periodic report filed with the Securities and Exchange Commission.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
|
|
| READING INTERNATIONAL, INC. | |
|
|
|
Date: September 4, 2026 | By: | /s/ Gilbert Avanes |
| Name: | Gilbert Avanes |
| Title: | Executive Vice President, Chief Financial Officer and Treasurer |