Procaccianti Hotel REIT Files 8-K
Ticker: PRXA · Form: 8-K · Filed: Aug 26, 2025 · CIK: 1692345
| Field | Detail |
|---|---|
| Company | Procaccianti Hotel Reit, INC. (PRXA) |
| Form Type | 8-K |
| Filed Date | Aug 26, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, 8-k
TL;DR
Procaccianti Hotel REIT filed an 8-K on 8/26/25, but the details are in the full filing.
AI Summary
On August 26, 2025, Procaccianti Hotel REIT, Inc. filed an 8-K report. The filing primarily concerns other events and does not detail specific transactions or financial figures within the provided text. The report confirms the company's identity, its Maryland incorporation, and its principal executive offices located at 1140 Reservoir Avenue, Cranston, Rhode Island.
Why It Matters
This filing serves as an official notification to the SEC and investors about significant corporate events, though the specific nature of these events is not detailed in the provided excerpt.
Risk Assessment
Risk Level: low — The provided text is a standard SEC filing header and does not contain information that poses an immediate risk.
Key Players & Entities
- PROCACCIANTI HOTEL REIT, INC. (company) — Registrant
- August 26, 2025 (date) — Date of Report
- 1140 Reservoir Avenue, Cranston, Rhode Island (location) — Principal Executive Offices
FAQ
What is the primary purpose of this 8-K filing?
The filing is a Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, reporting 'Other Events' as of August 26, 2025.
What is the exact name of the registrant?
The exact name of the registrant is PROCACCIANTI HOTEL REIT, INC.
In which state was Procaccianti Hotel REIT, Inc. incorporated?
Procaccianti Hotel REIT, Inc. was incorporated in Maryland.
What is the company's principal executive office address?
The principal executive offices are located at 1140 Reservoir Avenue, Cranston, Rhode Island 02920-6320.
What is the registrant's telephone number?
The registrant's telephone number is (401) 946-4600.
Filing Stats: 899 words · 4 min read · ~3 pages · Grade level 14.1 · Accepted 2025-08-26 16:07:51
Filing Documents
- tm2524344d1_8k.htm (8-K) — 27KB
- 0001104659-25-083077.txt ( ) — 182KB
- tmb-20250826.xsd (EX-101.SCH) — 3KB
- tmb-20250826_lab.xml (EX-101.LAB) — 33KB
- tmb-20250826_pre.xml (EX-101.PRE) — 22KB
- tm2524344d1_8k_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. Prorated Share Repurchases for 2025 Second Quarter Repurchase Date Pursuant to its Amended and Restated Share Repurchase Program (the "SRP"), Procaccianti Hotel REIT, Inc. (the "Company") limits the number of shares repurchased pursuant to the SRP as follows: (1) the Company will not repurchase in excess of 5.0% of the weighted average number of shares of its Class K common stock ("K Shares"), shares of its Class K-1 common stock ("K-I Shares") and shares of its class K-T common stock ("K-T Shares") outstanding during the trailing 12 months prior to the end of the fiscal quarter for which repurchases are being paid (provided, however, that while shares subject to a repurchase requested upon the death of a stockholder will be included in calculating the maximum number of shares that may be repurchased, shares subject to a repurchase requested upon the death of a stockholder will not be subject to the percentage cap); and (2) funding for the repurchase of K Shares, K-I Shares and K-T Shares will be limited to net proceeds the Company receives from the sale of shares under its distribution reinvestment plan ("DRIP") and any other operating funds that may be authorized by the Company's board of directors (the "Board"), in its sole discretion (such limitation under (2), the "Funding Limitation"). The foregoing limits might prevent the Company from accommodating all repurchase requests made in any fiscal quarter or in any 12-month period, in which case quarterly repurchases will generally be made pro rata, as described below. If the Company cannot purchase all shares presented for repurchase in any fiscal quarter due to the Funding Limitation and/or the limit on the number of shares the Company may repurchase during any year, the Company will give first priority to the repurchase of deceased stockholders' shares. If sufficient funds are not available to pay all such repurchases in full, the requests to repurchase deceased stockholders' shares
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. PROCACCIANTI HOTEL REIT, INC. Date: August 26, 2025 By: /s/ Gregory Vickowski Gregory Vickowski Chief Financial Officer