LuxUrban Hotels Announces Formation of Special Committee to Review Strategic Initiatives
LuxUrban Hotels Inc. (LUXH)
Company Research
Source: Business Wire
MIAMI--(BUSINESS WIRE)--LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (Nasdaq: LUXH), a hospitality company which leases entire existing hotels on a long-term basis and rents rooms in its hotels to business and vacation travelers, today announced that its Board of Directors has formed a Special Committee comprised of independent directors to explore potential strategic initiatives focused on maximizing shareholder value.The Special Committee is charged with evaluating potential strategic transactions, including, without limitation, equity and debt financings, a sale of the Company or some or all of its assets, a merger, strategic acquisitions, or other strategic initiatives and alternatives. No timetable to complete this process has been established. The Company is not currently engaged in any potential strategic transaction, and has not engaged professional advisors in connection with any such transaction or the formation or operation of the committee, at this time. Leonard
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LUXH
News
- LuxUrban Hotels Issues Letter to Shareholders from Chief Executive Officer Robert Arigo [Yahoo! Finance]Yahoo! Finance
- LuxUrban Hotels Issues Letter to Shareholders from Chief Executive Officer Robert ArigoGlobeNewswire
- LuxUrban Hotels Names Robert Arigo Chief Executive Officer [Yahoo! Finance]Yahoo! Finance
- LuxUrban Hotels Names Robert Arigo Chief Executive OfficerBusiness Wire
- LuxUrban Hotels Appoints Hotel Finance Executive Alexander Lombardo to Board of Directors [Yahoo! Finance]Yahoo! Finance
LUXH
Earnings
- 5/13/24 - Miss
LUXH
Sec Filings
- 6/20/24 - Form 8-K
- 6/17/24 - Form 8-K
- 6/17/24 - Form 4
- LUXH's page on the SEC website