[8-K] PROCACCIANTI HOTEL REIT, INC. Reports Material Event
Rhea-AI Filing Summary
Procaccianti Hotel REIT, Inc. reported that its 2025 annual meeting of stockholders, convened on December 19, 2025, did not have enough common shares present or represented by proxy to reach a quorum. Because of this, the meeting was adjourned without any business being conducted.
The meeting is scheduled to reconvene at the company’s Cranston, Rhode Island offices on January 19, 2026, at 10:00 a.m. Eastern Time, using the same October 14, 2025 record date to determine who is eligible to vote. Proxies already submitted will be used at the reconvened meeting unless revoked, and the proposals and proxy materials remain unchanged.
Positive
- None.
Negative
- None.
8-K Event Classification
FAQ
Why did Procaccianti Hotel REIT, Inc. (PRXA) adjourn its 2025 annual meeting?
The 2025 annual meeting was adjourned because there were not enough shares of common stock present or represented by proxy on December 19, 2025, to constitute a quorum, so no business could be conducted.
When will Procaccianti Hotel REIT, Inc. (PRXA) reconvene the 2025 annual meeting?
The adjourned 2025 annual meeting is scheduled to reconvene on January 19, 2026, at 10:00 a.m. Eastern Time at the company’s offices at 1140 Reservoir Avenue, Cranston, Rhode Island.
What is the record date for voting at PRXA’s reconvened 2025 annual meeting?
The record date to determine stockholders eligible to vote at the reconvened annual meeting remains the close of business on October 14, 2025.
Do PRXA stockholders need to resubmit proxies for the reconvened annual meeting?
Stockholders who have already submitted a proxy do not need to take any action. Previously submitted proxies will be voted at the reconvened meeting unless properly revoked during the adjournment period.
Have the proposals for PRXA’s 2025 annual meeting changed after the adjournment?
No changes have been made to the proposals to be voted on at the annual meeting. The proposals remain as described in the definitive proxy statement filed on October 28, 2025.
Where can investors access PRXA’s proxy statement for the 2025 annual meeting?
The proxy statement on Schedule 14A filed on October 28, 2025, and other related materials can be obtained free of charge from the SEC’s website at www.sec.gov.