Braemar Hotels & Resorts Files Proxy Soliciting Material

TL;DR

Braemar Hotels & Resorts (BHR) filed proxy docs, shareholders might vote soon.

AI Summary

Braemar Hotels & Resorts Inc. filed a DEFA14A on May 22, 2024, related to soliciting material under Rule 14a-12. The filing indicates no fee was required for this submission. The company, formerly known as Ashford Hospitality Prime, Inc., is a real estate investment trust based in Dallas, Texas.

Why It Matters

This filing is a proxy statement, which means shareholders will be asked to vote on certain matters, potentially impacting the company's governance or strategic direction.

Risk Assessment

Risk Level: low — This is a routine filing for proxy solicitation materials and does not inherently present new risks.

Key Numbers

• 0001574085-24-000128 — Accession Number (Unique identifier for the filing)
• 20240522 — Filing Date (Date the document was filed with the SEC)

Key Players & Entities

• Braemar Hotels & Resorts Inc. (company) — Registrant
• Ashford Hospitality Prime, Inc. (company) — Former company name
• 14185 DALLAS PARKWAY SUITE 1100 DALLAS TX 75254 (company) — Business and mailing address

FAQ

Filing Documents

• bhr5-22x24socialmediadefa.htm (DEFA14A) — 31KB
• a1716398997984.jpg (GRAPHIC) — 66KB
• a1716399028485.jpg (GRAPHIC) — 66KB
• 0001574085-24-000128.txt ( ) — 213KB

Forward-Looking Statements

Forward-Looking Statements Certain statements and assumptions in this communication contain or are based upon "forward-looking" information and are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this communication include, among others, statements about the Company's strategy and future plans. These forward-looking statements are subject to risks and uncertainties. When we use the words "will likely result," "may," "anticipate," "estimate," "should," "expect," "believe," "intend," or similar expressions, we intend to identify forward-looking statements. Such statements are subject to numerous assumptions and uncertainties, many of which are outside Braemar's control. These forward-looking statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated, including, without limitation our ability to complete the shareholder value creation plan on a timely basis, if at all our ability to repay, refinance or restructure our debt and the debt of certain of our subsidiaries anticipated or expected purchases or sales of assets our projected operating results completion of any pending transactions risks associated with our ability to effectuate our dividend policy, including factors such as operating results and the economic outlook influencing our board's decision whether to pay further dividends at levels previously disclosed or to use available cash to pay dividends our understanding of our competition market trends projected capital expenditures the impact of technology on our operations and business general volatility of the capital markets and the market price of our common stock and preferred stock availability, terms and deployment of capital availability of qualified personnel changes in our industry and the markets in which we operate, interest rates or the general economy and the degree and

View Full Filing

View this DEFA14A filing on SEC EDGAR