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Stock impact report

ASHFORD HOSPITALITY TRUST ANNOUNCES CLOSING OF NON-TRADED PREFERRED STOCK OFFERING

Ashford Hospitality Trust Inc (AHT) 
Last ashford hospitality trust inc earnings: 2/25 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ahtreit.com
Company Research Source: PR Newswire
DALLAS, Dec. 3, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it plans to close its offering of Series J and Series K non-traded preferred stock on March 31, 2025.  Since launching the offering in 2022, the Company raised approximately $180.0 million of gross proceeds from the sale of its Series J and Series K non-traded preferred stock."Our non-traded preferred stock offering has allowed us to raise substantial capital during a challenging time in the capital markets," commented Stephen Zsigray, Ashford Trust's President and Chief Executive Officer. "Given the success of this offering to date and our improved financial condition, we are pleased to announce the upcoming closing of the offering."Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing predominantly in upper upscale, full-service hotels.The issuer has filed a registration statement (including a prospectus) with the Show less Read more
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