American Strategic Investment Co. shareholder announces tender offer results

Bellevue Capital announced the final results of its tender offer to purchase for cash up to 350,000 shares of American Strategic Investment Co. common stock at a price of $10.25 per share, which expired October 26. 223,460 shares of ASIC’s common stock were properly tendered and not properly withdrawn at a price of $10.25 per share, for an aggregate cost of approximately $2,290,465, in cash, less any fees, expenses or applicable withholding taxes relating to the tender offer. The repurchased shares represent approximately 9.6% of ASIC’s shares outstanding as of August 8.