Ashford announced the conclusion of an SEC investigation into the company, stating that the SEC enforcement staff does not intend to recommend any action against Ashford, Braemar Hotels & Resorts, and Ashford Hospitality Trust. This investigation's closure is a significant relief for the companies, affirming their compliance with regulatory standards. Ashford operates in alternative asset management, focusing on real estate and hospitality sectors, providing various asset and investment management services.
Ashford Inc. (NYSE American: AINC) has announced its earnings release for the fourth quarter ending December 31, 2021, set for February 24, 2022, after market close. A conference call will follow on February 25, 2022, at 12:00 p.m. ET, where management will discuss the results. Investors can participate in the call at (201) 493-6725, with a replay available until March 4, 2022. The live broadcast will also be accessible on Ashford's official website. The company specializes in alternative asset management within the real estate and hospitality sectors.
Ashford Securities, a subsidiary of Ashford (NYSE American: AINC), announced the appointment of Bart Malcom as Senior Vice President, Head of Due Diligence. In this role, Bart will oversee due diligence for Ashford's alternative investment products, bringing 25 years of financial services experience. His responsibilities include analyzing offering documents and engaging with third-party firms. Bart expressed excitement about joining Ashford, noting the company’s growth potential as the U.S. emerges from the pandemic.
Ashford Securities, a subsidiary of Ashford, reports $21.3 million in sales of Series E and Series M Redeemable Preferred Stock for November 2021. The strong performance is attributed to institutional investments totaling around $20 million. Since the offering launch on July 9, 2021, Braemar has raised over $33 million. The company is expanding its syndicate of broker-dealers and RIA firms to enhance capital-raising efforts. The press release also warns of various risks affecting future performance, including COVID-19 impacts and compliance challenges.
Ashford announced that its management will ring the NYSE Opening Bell on October 13, 2021, coinciding with its 2021 Investor & Analyst Day. The event will feature live television coverage starting at 9:30 a.m. ET. Ashford specializes in global asset and investment management for real estate and hospitality. The company also cautioned investors about forward-looking statements regarding its future performance, highlighting risks like COVID-19 impacts, SEC investigation outcomes, and compliance with NYSE standards.
Ashford announced an Investor & Analyst Day on October 12, 2021, in New York City at the Park Lane Hotel. The event will be available via a live webcast on the Company's website, with a replay accessible for one year post-event. Institutional investors and analysts can contact Jordan Jennings for attendance inquiries. Ashford specializes in global asset and investment management services in the real estate and hospitality sectors. This announcement includes forward-looking statements affected by various risks and uncertainties that could impact future performance.
Ashford Inc. (NYSE American: AINC) has announced a strategic rebranding of its subsidiary J&S Audio Visual, now named INSPIRE. This change reflects INSPIRE's commitment to providing innovative event technology solutions. Established in 1986, INSPIRE has become a premier event production services provider, operating in over 100 hotels and convention centers across the U.S., Mexico, and the Caribbean, producing more than 2,500 events annually. The rebrand aims to highlight INSPIRE's growth potential and dedication to creating inspirational experiences for clients.
J & S Audio Visual has rebranded as INSPIRE, marking a significant change after 35 years in the industry. This new name reflects the company’s commitment to creating inspirational events, supported by advanced technology and exceptional service. With a presence in over 100 hotels and convention centers across the US, Mexico, and the Caribbean, INSPIRE conducts over 2,500 events annually. CEO Chuck Bauman emphasized the focus on client stories and visions, reinforcing their role as trusted partners in delivering unique event experiences.
Ashford is set to announce its third-quarter earnings results on October 27, 2021, following the market closure. A conference call will occur the next day, October 28, 2021, at 12:00 p.m. ET. The call can be accessed at (201) 493-6725, with a recording available until November 4, 2021. The event will also be streamed live on Ashford's official website. The company continues to provide asset and investment management services in the real estate and hospitality sectors.
Ashford announced that it has regained compliance with NYSE American listing standards on August 9, 2021. As of August 10, 2021, the '.BC' designation indicating previous noncompliance will be removed from its trading symbol AINC. The company had faced a notice of noncompliance due to not meeting stockholders' equity standards but had complied with the necessary market capitalization and publicly held shares criteria. The company is focused on executing its investment strategy in the hospitality sector, emphasizing future growth potential.