Braemar Hotels & Resorts Files Proxy Materials
Ticker: BHR-PD · Form: DEFA14A · Filed: Jun 24, 2024 · CIK: 1574085
Sentiment: neutral
Topics: proxy-statement, real-estate, REIT
Related Tickers: BHR
TL;DR
BHR filed proxy docs - shareholders need to pay attention to upcoming votes.
AI Summary
Braemar Hotels & Resorts Inc. (BHR) filed a DEFA14A on June 24, 2024, related to definitive additional materials for its proxy statement. The filing concerns the company's proxy materials, which are subject to the Securities Exchange Act of 1934. Braemar Hotels & Resorts Inc. is a real estate investment trust incorporated in Maryland.
Why It Matters
This filing indicates that Braemar Hotels & Resorts is providing updated or additional information to shareholders regarding matters to be voted on at an upcoming meeting, which is crucial for shareholder engagement and corporate governance.
Risk Assessment
Risk Level: low — This is a routine filing of proxy materials and does not contain new financial information or strategic changes that would inherently increase risk.
Key Numbers
- 1934 — SEC Act (Governing legislation for the filing)
- 001-35972 — SEC File Number (Company's SEC filing identifier)
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 (address) — Business and Mail Address
FAQ
What type of filing is this DEFA14A for Braemar Hotels & Resorts Inc.?
This filing is for Definitive Additional Materials, as indicated by the checkmark next to 'Definitive Additional Materials' and the form type DEFA14A.
When was this filing submitted to the SEC?
The filing was submitted on June 24, 2024.
What is the primary business of Braemar Hotels & Resorts Inc. according to the filing?
Braemar Hotels & Resorts Inc. is classified under Standard Industrial Classification code 6798, which corresponds to Real Estate Investment Trusts.
What was the former name of Braemar Hotels & Resorts Inc.?
The former name of the company was Ashford Hospitality Prime, Inc., with a name change date of April 10, 2013.
What is the business address of Braemar Hotels & Resorts Inc.?
The business address is 14185 DALLAS PARKWAY, SUITE 1100, DALLAS, TX 75254.
Filing Stats: 1,065 words · 4 min read · ~4 pages · Grade level 15.3 · Accepted 2024-06-24 16:08:11
Filing Documents
- bhr5-28x24socialmediadefa.htm (DEFA14A) — 31KB
- capture.jpg (GRAPHIC) — 79KB
- capture1.jpg (GRAPHIC) — 68KB
- 0001574085-24-000160.txt ( ) — 233KB
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