Procaccianti Hotel REIT Files 8-K
Ticker: PRXA · Form: 8-K · Filed: Oct 31, 2025 · CIK: 1692345
| Field | Detail |
|---|---|
| Company | Procaccianti Hotel Reit, INC. (PRXA) |
| Form Type | 8-K |
| Filed Date | Oct 31, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $682,533, $251,272, $0.001917808, $22,606 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, SEC Filing, Other Events
TL;DR
Procaccianti Hotel REIT filed an 8-K on 10/31 for an event on 10/29 - details TBD.
AI Summary
Procaccianti Hotel REIT, Inc. filed an 8-K on October 31, 2025, reporting an event on October 29, 2025. The filing indicates "Other Events" as the item information, but provides no further details within the provided text regarding specific transactions, agreements, or material changes. The company is incorporated in Maryland and its principal executive offices are located at 1140 Reservoir Avenue, Cranston, Rhode Island.
Why It Matters
This 8-K filing signals a material event has occurred for Procaccianti Hotel REIT, Inc., requiring disclosure to investors, though the specific nature of the event is not detailed in this excerpt.
Risk Assessment
Risk Level: medium — The filing indicates a material event has occurred, but the lack of specific details in the provided text creates uncertainty about the nature and impact of the event.
Key Numbers
- 000-56272 — SEC File Number (Identifies the company's filing history with the SEC.)
- 81-3661609 — EIN (Employer Identification Number for tax purposes.)
Key Players & Entities
- PROCACCIANTI HOTEL REIT, INC. (company) — Registrant
- Maryland (jurisdiction) — State of incorporation
- 1140 Reservoir Avenue, Cranston, Rhode Island (address) — Principal executive offices
FAQ
What specific event prompted this 8-K filing?
The provided text states the filing is for 'Other Events' that occurred on October 29, 2025, but does not specify the nature of the event.
When was this Form 8-K filed?
The Form 8-K was filed on October 31, 2025.
What is the exact name of the reporting company?
The exact name of the reporting company is PROCACCIANTI HOTEL REIT, INC.
In which state is Procaccianti Hotel REIT, Inc. incorporated?
Procaccianti Hotel REIT, Inc. is incorporated in Maryland.
What is the company's principal executive office address?
The company's principal executive office is located at 1140 Reservoir Avenue, Cranston, Rhode Island 02920-6320.
Filing Stats: 753 words · 3 min read · ~3 pages · Grade level 13.5 · Accepted 2025-10-31 09:00:15
Key Financial Figures
- $682,533 — re outstanding since June 30, 2025, was $682,533 and $251,272, respectively (the "K Shar
- $251,272 — g since June 30, 2025, was $682,533 and $251,272, respectively (the "K Share Accrual" an
- $0.001917808 — "K-I Share Accrual," respectively), or $0.001917808 per K Share per day and $0.001917808 pe
- $22,606 — s K OP Units through June 30, 2025, was $22,606 (the "Class K OP Unit Accrual"), or $0.
Filing Documents
- tm2529865d1_8k.htm (8-K) — 26KB
- 0001104659-25-104686.txt ( ) — 181KB
- tmb-20251029.xsd (EX-101.SCH) — 3KB
- tmb-20251029_lab.xml (EX-101.LAB) — 33KB
- tmb-20251029_pre.xml (EX-101.PRE) — 22KB
- tm2529865d1_8k_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. Payment of Distributions On October 29, 2025, the board of directors (the "Board") of Procaccianti Hotel REIT, Inc. (the "Company") (i) authorized the payment of distributions out of legally available funds with respect to each share of Class K common stock ("K Share") and Class K-I common stock ("K-I Share") outstanding as of September 30, 2025 (the "Common Stock Distributions") to the holders of record of K Shares and K-I Shares and (ii) on behalf of the Company as the general partner of Procaccianti Hotel REIT, L.P., the Company's operating partnership (the "Operating Partnership"), authorized distributions out of legally available funds (the "Class K OP Unit Distributions") with respect to each unit of Class K limited partnership interest in the Operating Partnership (the "Class K OP Units") held by individuals with direct or indirect interests in the seller of the Hilton Garden Inn hotel property (the "Property") who are direct or indirect owners of Procaccianti Companies, Inc., the sponsor of the Company, and Procaccianti Hotel Advisors, LLC, the external advisor to the Company (the "Affiliate Sellers"). Common Stock Distributions With respect to the K Shares and K-I Shares outstanding as of and during the quarter ended September 30, 2025, the cumulative amount of distributions that had accrued on a daily basis with respect to each K Share and K-I Share outstanding since June 30, 2025, was $682,533 and $251,272, respectively (the "K Share Accrual" and the "K-I Share Accrual," respectively), or $0.001917808 per K Share per day and $0.001917808 per K-I Share per day, which reflects an accrual rate of seven percent per annum for each share class under the Company's charter. The Board authorized the payment of distributions in an aggregate amount equal to the K Share Accrual and K-I Share Accrual. Class K OP Unit Distributions With respect to the Class K OP Units held by the Affiliate Sellers of the Property that were outstanding
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: October 31, 2025 By: /s/ Gregory Vickowski Gregory Vickowski Chief Financial Officer