Braemar Hotels & Resorts Files 8-K
Ticker: BHR-PD · Form: 8-K · Filed: Mar 25, 2024 · CIK: 1574085
Sentiment: neutral
Topics: financial-statements, exhibits, real-estate
Related Tickers: BHR
TL;DR
BHR filed an 8-K on 3/25/24 with financial updates.
AI Summary
Braemar Hotels & Resorts Inc. filed an 8-K on March 25, 2024, reporting on financial statements and exhibits. The filing pertains to their status as a real estate investment trust incorporated in Maryland, with their principal executive offices located in Dallas, Texas.
Why It Matters
This filing provides updated financial information and exhibits for Braemar Hotels & Resorts Inc., which is crucial for investors to assess the company's current financial health and operational status.
Risk Assessment
Risk Level: low — This is a routine filing of financial statements and exhibits, not indicating any immediate material adverse events.
Key Players & Entities
- Braemar Hotels & Resorts Inc. (company) — Registrant
- March 25, 2024 (date) — Date of Report
- Maryland (jurisdiction) — State of Incorporation
- Dallas, Texas (location) — Principal Executive Offices
- Ashford Hospitality Prime, Inc. (company) — Former Company Name
FAQ
What is the primary purpose of this 8-K filing for Braemar Hotels & Resorts Inc.?
The primary purpose of this 8-K filing is to report on financial statements and exhibits, as indicated by the 'ITEM INFORMATION: Financial Statements and Exhibits' section.
When was this 8-K report filed?
This 8-K report was filed on March 25, 2024.
In which state was Braemar Hotels & Resorts Inc. incorporated?
Braemar Hotels & Resorts Inc. was incorporated in Maryland.
What is the business address of Braemar Hotels & Resorts Inc.?
The business address of Braemar Hotels & Resorts Inc. is 14185 Dallas Parkway, Suite 1200, Dallas, Texas 75254.
What was the former name of Braemar Hotels & Resorts Inc.?
The former name of Braemar Hotels & Resorts Inc. was Ashford Hospitality Prime, Inc.
Filing Stats: 591 words · 2 min read · ~2 pages · Grade level 13.9 · Accepted 2024-03-25 06:04:56
Filing Documents
- bhr-20240325.htm (8-K) — 29KB
- bhr20243-25x24pr.htm (EX-99.1) — 28KB
- braemarlogoa40.jpg (GRAPHIC) — 113KB
- 0001574085-24-000036.txt ( ) — 391KB
- bhr-20240325.xsd (EX-101.SCH) — 2KB
- bhr-20240325_def.xml (EX-101.DEF) — 16KB
- bhr-20240325_lab.xml (EX-101.LAB) — 28KB
- bhr-20240325_pre.xml (EX-101.PRE) — 17KB
- bhr-20240325_htm.xml (XML) — 5KB
01 REGULATION FD DISCLOSURE
ITEM 7.01 REGULATION FD DISCLOSURE. On March 25, 2024, Braemar Hotels & Resorts Inc. (the "Company") issued a press release announcing that on March 10, 2024, it received a notice (the "Nomination Notice") from activist investor Blackwells Capital LLC ("Blackwells") seeking to nominate four individuals for election to the Company's eight-person Board of Directors (the "Board") at the 2024 Annual Meeting of Stockholders. The Board has unanimously determined that the Blackwells Nomination Notice is invalid due to numerous deficiencies, most notably a failure to disclose the fund's true objectives, which the Company believes include an underhanded attempt to effectuate a takeover of the Company without paying an adequate price. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information in this Form 8-K and Exhibits attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits Exhibit Number Exhibit Description 99.1 Press Release of the Company, dated March 25, 2024 104 Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101)
SIGNATURES
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. BRAEMAR HOTELS & RESORTS INC. Dated: March 25, 2024 By: /s/ Alex Rose Alex Rose Executive Vice President, General Counsel & Secretary