DiamondRock Hospitality Files 8-K

TL;DR

DRH filed an 8-K, looks like standard financial updates.

AI Summary

On August 5, 2024, DiamondRock Hospitality Company filed an 8-K report. The filing primarily concerns financial statements and exhibits, indicating a routine update rather than a significant event. No specific financial figures or new business developments were detailed in the provided excerpt.

Why It Matters

This filing indicates a routine update from DiamondRock Hospitality Co. to the SEC, likely containing financial statements or exhibits.

Risk Assessment

Risk Level: low — The filing appears to be a routine disclosure of financial statements and exhibits, with no immediate indication of significant risks or changes.

Key Players & Entities

• DiamondRock Hospitality Company (company) — Registrant
• August 5, 2024 (date) — Date of Report
• 2 Bethesda Metro Center, Suite 1400 (address) — Principal Executive Offices
• 240-744-1150 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.01 — nge on which registered Common stock, $0.01 par value per share DRH New York Stoc
• $200,000,000 — ch the Company may issue and sell up to $200,000,000 in shares (the "Shares") of its common

Filing Documents

• tm2420538d4_8k.htm (8-K) — 44KB
• tm2420538d4_ex1-1.htm (EX-1.1) — 437KB
• tm2420538d4_ex1-2.htm (EX-1.2) — 237KB
• tm2420538d4_ex5-1.htm (EX-5.1) — 18KB
• 0001104659-24-085871.txt ( ) — 1092KB
• drh-20240805.xsd (EX-101.SCH) — 4KB
• drh-20240805_def.xml (EX-101.DEF) — 26KB
• drh-20240805_lab.xml (EX-101.LAB) — 37KB
• drh-20240805_pre.xml (EX-101.PRE) — 25KB
• tm2420538d4_8k_htm.xml (XML) — 6KB

01. Other Events

Item 8.01. Other Events. On August 5, 2024, DiamondRock Hospitality Company (the "Company") filed with the Securities and Exchange Commission (the "SEC") a shelf registration statement on Form S-3, which became immediately effective upon filing and which replaced the Company's previous shelf registration statement on Form S-3 (File No. 333-258573) filed with the SEC on August 6, 2021. In connection with the filing of the new shelf registration statement, the Company also filed with the SEC a new prospectus supplement dated August 5, 2024 relating to the Company's "at-the-market" equity offering program (the "Prospectus Supplement"), pursuant to which the Company may issue and sell up to $200,000,000 in shares (the "Shares") of its common stock, par value $0.01 per share (the "Common Stock"), in amounts and at times to be determined by the Company (the "ATM Program"), which replaced the Company's prior $200,000,000 "at the market" equity offering program that was scheduled to expire on August 6, 2024, and which is no longer effective. The Company has no obligation to sell any of the Shares. Actual sales will depend on a variety of factors to be determined by the Company from time to time, including, among others, market conditions, the trading price of the Company's Common Stock, determinations by the Company of the appropriate sources of funding for the Company and potential uses of funding available to the Company. The Company will contribute the net proceeds from any sales of the Shares, after deducting commissions and offering expenses, as well as any net cash proceeds the Company receives upon the settlement of any Forward Sale Agreement (as defined below), to DiamondRock Hospitality Limited Partnership (the "Operating Partnership") in exchange for securities of the Operating Partnership that have economic interests substantially similar to those of its Common Stock. The Operating Partnership intends to use the net proceeds from the offering of the Shares, if

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 1.1* Distribution Agreement, dated August 5, 2024, by and among the Company, the Operating Partnership and the Agents, Forward Sellers and Forward Purchasers party thereto 1.2* Form of Master Forward Confirmation 5.1* Opinion of Goodwin Procter LLP with respect to the legality of the Shares 23.1* Consent of Goodwin Procter LLP (contained in its opinion filed as Exhibit 5.1 and incorporated herein by reference) 101.SCH Inline XBRL Taxonomy Extension Schema Document 101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase Document 101.DEF Inline XBRL Taxonomy Extension Definition Linkbase Document 101.LAB Inline XBRL Taxonomy Extension Label Linkbase Document 101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document Exhibit No. Description 104 Cover Page Interactive Data File (formatted as inline XBRL with applicable taxonomy extension information contained in Exhibits 101) * Filed herewith SIGNATURE 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. DIAMONDROCK HOSPITALITY COMPANY Date: August 5, 2024 By /s/ Briony R. Quinn Briony R. Quinn Executive Vice President, Chief Financial Officer and Treasurer

View Full Filing

View this 8-K filing on SEC EDGAR