secwatch / observer

M&A Transactions

Mergers, acquisitions, and dispositions disclosed under 8-K Items 2.01/5.01.

8-K items 2.01, 5.01 JSON
Beach Acquisition Co Parent, LLC

Beach Acquisition Co Parent, LLC completed an acquisition involving Skechers U.S.A., Inc. (closed 2025-09-12).

“On September 12, 2025, the registrant, Beach Acquisition Co Parent, LLC, a Delaware limited liability company (the “Company,” “we,” “us,” or “our”), acquired Skechers U.S.A., Inc., a Delaware corporation (“Skechers”), pursuant to that certain Agreement and Plan of Merger, dated as of May 4, 2025”
ATVK Globaltek Ventures, Inc.

Globaltek Ventures, Inc. completed an acquisition involving Galaxy Batteries, Inc. for $37,000,000 (closed 2025-08-14).

“Batteries, Inc., a Wyoming corporation. The purchase price consisted of 10,000,000,000 shares of common stock of the Company, valued at $0.0037 per share, for a total value of $37,000,000. ire Galaxy Batteries, Inc., a Wyoming corporation. The purchase price consisted of 10,000,000,000 shares of common stock of the Company, valued at $0.0037 per share, for a”
SVC Service Properties Trust

Service Properties Trust completed a disposition for $44.9 million (closed 2025-09-09).

“On September 9, 2025, SVC sold five hotels with a total of 690 keys located in two states for a combined sales price of $44.9 million, excluding closing costs.”
BWEN BROADWIND, INC.

BROADWIND, INC. completed a disposition involving Wisconsin Heavy Fabrication, LLC for approximately $13,500,000 (closed 2025-09-08).

“and permits used in the Seller’s production facility located in Manitowoc, Wisconsin. At the closing of the Transaction, the Seller received consideration of approximately $13,500,000, before the payment of transaction expenses, in the form of cash and the assumption by the Buyer of certain liabilities of the Seller. The Purchase Agreement contemplated that the”
ROYL Royale Energy, Inc.

Royale Energy, Inc. completed an acquisition involving Pradera Fuego, LP for $1,500,000 (closed 2025-09-03).

“On September 3, 2025, pursuant to the assignments described above, the Company acquired various non-operated working interests in producing oil and gas leases and related property for cash consideration of $1,500,000.”
SPRU SPRUCE POWER HOLDING CORP

SPRUCE POWER HOLDING CORP completed an acquisition involving NJR Clean Energy Ventures II Corporation for approximately $0.2 million in cash (closed 2025-09-05).

“On September 5, 2025, the Company acquired 7 additional solar energy systems from CEV, pursuant to the APA, for approximately $0.2 million in cash, subject to the terms and conditions set forth therein.”
INDB INDEPENDENT BANK CORP

INDEPENDENT BANK CORP completed an acquisition involving Enterprise Bancorp, Inc. for approximately 7,478,906 shares of Independent common stock and an aggregate of $25.9 million in cash (closed 2025-07-01).

“common stock and $2.00 in cash, with cash also to be paid in lieu of fractional shares. Total merger consideration payable to equity-holders consisted of approximately 7,478,906 shares of Independent common stock and an aggregate of $25.9 million in cash, which included approximately $902,000 in cash paid for stock option cancellations and $44,000 cash in”
SOUN SOUNDHOUND AI, INC.

SOUNDHOUND AI, INC. completed an acquisition involving Interactions Corporation for approximately $60 million in cash (closed 2025-09-03).

“with and into the Target, with the Target surviving as a wholly owned subsidiary of Acquirer (the “ Acquisition ”), for a total consideration consisting of (i) approximately $60 million in cash (the “ Upfront Consideration ”), payable at the closing of the Acquisition (the “ Closing ”) and (ii) up to $25 million of additional cash consideration to certain”
NKGen Biotech, Inc.

NKGen Biotech, Inc. completed an acquisition involving NKMax Co., Ltd. for approximately $0.36 per share (closed 2025-09-04).

“in the Current Reports on Form 8-K filed on June 20, 2025 and December 2, 2024. The Company purchased 46,400,000 common shares of NKMax at a price per share of approximately $0.36. This transaction grants the Company full control over NKMax’s global manufacturing infrastructure, intellectual property (“IP”), and exclusive commercialization rights. The”
RPDL Rapid Line Inc.

Rapid Line Inc. underwent a change of control involving Nova Aura Limited for $586,473 in cash (closed 2025-08-22).

“of the Acquired Shares, Nova Aura Limited became the majority control shareholder of the Company. The total consideration paid by Nova Aura Limited for the Acquired Shares was $586,473 in cash, the source of which was corporate funds. In conjunction with the Change-in-Control Agreements, on August 21, 2025, Jiang Jian appointed Richard Chiang as Director of the”
UMAC Unusual Machines, Inc.

Unusual Machines, Inc. completed an acquisition involving Andrew Robert Simpson and Vella Hardjadinata Corporation Pty Ltd ACN 655 787 367 as a trustee for Vella Hardjadinata Family Trust for 656,642 shares of the Company’s common stock, calculated in accordance with the terms of the Agreement (the “Initial Consideration”), plus Earnout Consideration (closed 2025-09-03).

“As of September 3, 2025 (“the Closing Date”), Unusual Machines, Inc. (the “Company”) acquired 100% of the capital stock of Rotor Lab Pty Ltd, an Australian company (“Rotor Lab”) from its existing shareholders Andrew Robert Simpson (“Simpson”) and Vella Hardjadinata Corporation Pty Ltd ACN 655 787 367 as a trustee for Vella Hardjadinata Family Trust (“VHC”), (collectively the “Sellers”) in exchange for 656,642 shares of the Company’s common stock, calculated in accordance with the terms of the Agreement (the “Initial Consideration”), plus Earnout Consideration (as defined in the Agreement) of up to $3,000,000 worth of shares of common stock.”
DKS DICK'S SPORTING GOODS, INC.

DICK'S SPORTING GOODS, INC. completed an acquisition involving Foot Locker, Inc. for $24.00 per share in cash or 0.1168 shares of DICK’S Sporting Goods common stock per share of Foot Locker common stock (closed 2025-09-08).

“or indirect subsidiaries of Foot Locker or DICK’S Sporting Goods) was converted into the right to receive, without interest and at the election of the holder of such share: (a) $24.00, if an election to receive cash consideration was properly made and not properly changed, revoked or deemed revoked (or if no election was validly made) (the “Cash”
USDW MADE IN USA INC.

MADE IN USA INC. underwent a change of control involving Tax Credits International, Inc.(TCI) (closed 2025-08-28).

“Effective August 28, 2025, Rassul Sadubayev, the previous majority shareholder of Alixo-Yolloo Corporation (the “Company”), entered into a stock purchase agreement for the sale of 2,000,000 shares of Common Stock of the Company, representing approximately 54.1% of the issued and outstanding shares of Common Stock of the Company as of such date, to Tax Credits International, Inc.(TCI), a company registered in Puerto Rico.”
ALGT Allegiant Travel CO

Allegiant Travel CO completed a disposition involving affiliates of Blackstone Real Estate Group for $200,000,000 (closed 2025-09-04).

“relationship, other than in respect of the transaction, between the buying entities and the Company or any of its affiliates. At closing, the Company received cash proceeds of $200,000,000 less various closing adjustments. The Company expects to use the proceeds of the transaction to pay down corporate debt and for other general corporate purposes SIGNATURE Pursuant”
FTAI FTAI Aviation Ltd.

FTAI Aviation Ltd. completed a disposition involving FTAI Aircraft Leasing Ireland (2025) DAC, FTAI Aircraft Leasing Bermuda (2025) Ltd. and FTAI Aircraft Leasing US (2025) LLC for approximately $418.1 million (closed 2025-09-01).

“As of September 1, 2025, the Company has completed the sale of 39 aircraft as part of the 2025 Aircraft Sale for an aggregate net purchase price of approximately $418.1 million.”
ONDS Ondas Inc.

Ondas Inc. completed an acquisition involving Apeiro Motion Ltd. for $12.0 million cash (closed 2025-08-31).

“Agreement). In accordance with the terms of the Agreement, the Company acquired 100% of the issued and outstanding share capital of Apeiro, for a purchase price of approximately $12.0 million cash (the “Acquisition”). The foregoing description of the Acquisition and the Agreement does not purport to be complete and is qualified in its entirety by the full text of the”
Collective Audience, Inc.

Collective Audience, Inc. completed a disposition involving NYIAX, Inc. (closed 2025-08-29).

“On August 29, 2025 (the “Closing Date”), the Transaction was consummated.”
KMFG KEEMO Fashion Group Ltd

KEEMO Fashion Group Ltd completed an acquisition involving Guang Wen Global Group Limited for no purchase consideration (closed 2025-09-02).

“the acquisition was completed on September 2, 2025.”
KYNB KYNTRA BIO, INC.

KYNTRA BIO, INC. completed a disposition involving AstraZeneca Treasury Limited for approximately $220 million (closed 2025-08-29).

“sold all of the issued and outstanding equity interests of FibroGen International (Hong Kong) Ltd. to AstraZeneca, for approximately $220 million”
PLAG Planet Green Holdings Corp.

Planet Green Holdings Corp. completed a disposition for nominal consideration (closed 2025-09-01).

“on September 1, 2025, the Company disposed of its 100% equity interest in Promising Prospect HK Limited (“Promising HK”) for nominal consideration.”
GMS Inc.

GMS Inc. underwent a change of control involving The Home Depot, Inc. for $110.00 per Share (closed 2025-09-04).

“Sub commenced a tender offer (the “Offer”) to purchase all of the outstanding shares of common stock, par value $0.01 per share, of the Company (the “Shares”), at a price of $110.00 per Share to the holder thereof in cash, without interest and subject to any required withholding taxes (the “Offer Price”). The Offer and withdrawal rights expired at one minute”
NGTF NightFood Holdings, Inc.

NightFood Holdings, Inc. completed an acquisition involving Victorville Treasure Holdings, LLC for $31,000,000 (closed 2025-08-27).

“On August 27, 2025, Nightfood Holdings, Inc. (“NGTF” or the “Company”), Victorville Treasure Holdings, LLC, a California limited liability company (“Victorville”), SBZ Investment Industry Inc., a California corporation, Nuo Wei Zhang, Siyuan Li and Jue Wang (each a “Seller” and, collectively the “Sellers”), entered into a share exchange agreement (the “Agreement”) whereby the Company will acquire Victorville from the Sellers. Pursuant to the terms of the Agreement, the Company purchased 100% of the issued and outstanding membership interests (the “Membership Interests”) of Victorville from the Sellers for a total purchase price of $31,000,000 (the “Purchase Price”)”
SFCX SUPA Consolidated Inc.

SUPA Consolidated Inc. completed an acquisition involving Supa Food Services LLC for 250,000,000 shares of its common stock (closed 2025-06-30).

“the acquisition of all of the membership interests of Supa Food Services LLC (“Supa”), a privately held Nevada limited liability company. In consideration, the Company issued 250,000,000 shares of its common stock to the members of Supa. As a result of the acquisition, Supa became a wholly owned subsidiary of the Company. Although the closing occurred on June 30,”
Piedmont Lithium Inc.

Piedmont Lithium Inc. underwent a change of control involving Sayona Mining Limited for 0.35133 American depositary shares of Sayona (each representing 527 Sayona ordinary shares) per share of Piedmont common stock (closed 2025-08-29).

““Piedmont”), Sayona Mining Limited, an Australian public company limited by shares (“Sayona”), and Shock MergeCo Inc., a Delaware corporation and a wholly owned subsidiary of Sayona (“Merger Sub”).”
ABTC American Bitcoin Corp.

American Bitcoin Corp. underwent a change of control involving American Bitcoin Holdings LLC (closed 2025-09-03).

“A change in control of the Company occurred on September 3, 2025.”
FRD FRIEDMAN INDUSTRIES INC

FRIEDMAN INDUSTRIES INC completed an acquisition involving Century Metals & Supplies, Inc. for approximately $45.25 million in cash (closed 2025-08-29).

“Under the terms of the agreement, the Company acquired the assets for approximately $45.25 million in cash at closing, along with a note issued by the Company with a principal amount of $3.5 million with a five-year maturity date.”
NEN NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP completed an acquisition involving Oak Realty and Service Company, LLC, Vale Realty and Service Company, LLC and Digiovanni Bros., Inc. for total purchase price of $175,000,000 (closed 2025-06-18).

“non-contiguous properties including an 10,500 square foot office building and an approximately 13,350 square foot office building. The total purchase price for the property was $175,000,000, with an allocated purchase price of $172,000,000 for the Hill Estates Properties and $3,000,000 for the two non-contiguous commercial properties located at 26 Brighton Avenue, and”
BROOKLINE BANCORP INC

BROOKLINE BANCORP INC underwent a change of control involving Beacon Financial Corporation, Inc. for 0.42 shares of Beacon Financial Common Stock per share of Brookline Common Stock (closed 2025-09-01).

“of the closing of the Holdco Merger, each share of Brookline common stock, par value $0.01 per share (“Brookline Common Stock”), was converted into the right to receive 0.42 shares of Beacon Financial Common Stock, with cash to be paid in lieu of fractional shares (the “Merger Consideration”). Immediately following the Holdco Merger, Berkshire Bank, a”
BBT Beacon Financial Corp

Beacon Financial Corp completed an acquisition involving Brookline Bancorp, Inc. for each share of Brookline common stock ... was converted into the right to receive 0.42 shares of Company Common Stock (closed 2025-09-01).

“terms of the Merger Agreement, as of the closing of the Holdco Merger, each share of Brookline common stock, par value $0.01 per share, was converted into the right to receive 0.42 shares (the “Exchange Ratio”) of Company Common Stock, with cash to be paid in lieu of fractional shares. Each previously outstanding share of Company Common Stock remained”
CRMD CorMedix Inc.

CorMedix Inc. underwent a change of control involving Melinta Therapeutics, LLC for $260 million in cash and $40 million worth of common shares (closed 2025-08-29).

“at the effective time of the Merger (the “Effective Time”), the Company (i) paid to the Melinta equityholders (including the Consenting Melinta Members) an aggregate of $260 million in cash (subject to adjustment for the Aggregate Exercise Price, Estimated Company Cash, Estimated Company Debt, Estimated Working Capital as compared to the Working Capital”
MCHB Mechanics Bancorp

Mechanics Bancorp underwent a change of control involving Mechanics Bank (closed 2025-09-02).

“On September 2, 2025 (the “Closing Date”), Mechanics Bancorp (formerly known as HomeStreet, Inc.), a Washington corporation (the “Company”), consummated the previously announced merger (the “Merger”) pursuant to the terms of the Agreement and Plan of Merger, dated as of March 28, 2025 (as amended, the “Merger Agreement”), by and among the Company, HomeStreet Bank, a Washington state-charted commercial bank and a wholly owned subsidiary of the Company (“HomeStreet Bank”), and Mechanics Bank, a California banking corporation (“Mechanics Bank”).”
MAMA Mama's Creations, Inc.

Mama's Creations, Inc. completed an acquisition involving Crown I Enterprises Inc. for $17.5 million in cash (closed 2025-09-02).

“On September 2, 2025, Jubilee Acquisition, Inc., a Nevada corporation (“Jubilee”) and wholly-owned, direct subsidiary of Mama’s Creations, Inc. (the “Company”) completed the acquisition (the “Acquisition”) of substantially all of the assets of Crown I Enterprises Inc. (“Crown I”), a wholly-owned, indirect subsidiary of Sysco Corporation for $17.5 million in cash”
CMTG Claros Mortgage Trust, Inc.

Claros Mortgage Trust, Inc. completed a disposition (closed 2025-07-08).

“On July 8, 2025, Claros Mortgage Trust, Inc. (the "Company") filed a Current Report on Form 8-K (the "Original 8-K") to disclose that a wholly owned subsidiary of the Company completed a mortgage foreclosure on two multifamily properties located in Texas (the "Property") which previously served as collateral for a senior loan receivable held-for-investment (the "Loan") made to Park West I LLC, Park West II LLC, Park West III LLC, Park West IV LLC, Park West VII LP, Cedar Springs I LLC, Cedar Springs II LLC, Cedar Springs III LLC, Cedar Springs V LLC, and Cedar Springs VII LP, as unaffiliated third-party borrowers.”
GBTG Global Business Travel Group, Inc.

Global Business Travel Group, Inc. completed an acquisition involving CWT Holdings, LLC (closed 2025-09-02).

“On September 2, 2025, the Company and the Seller completed the previously announced acquisition of CWT in accordance with the terms of the Merger Agreement.”
Bridge Investment Group Holdings Inc.

Bridge Investment Group Holdings Inc. underwent a change of control involving Apollo Global Management, Inc. for 0.07081 shares of Apollo common stock per each share of Bridge Class A common stock and each Bridge OpCo Class A common unit, valued at $11.50 per share (closed 2025-09-02).

“and extinguished and automatically converted into the right to receive from Parent a number of validly issued, fully paid and nonassessable shares of Parent common stock equal to 0.07081 (the “ Class A Exchange Ratio ”) and cash in lieu of fractional shares of Parent common stock, if any, in each case, in accordance with the procedures set forth in the Merger”
TRON Tron Inc.

Tron Inc. underwent a change of control involving Weike Sun, via his control of Bravemorning.

“Following the issuance of the 220,000,000 shares of Common Stock, Mr. Weike Sun, via his control of Bravemorning, owns approximately eighty-six and six-tenths percent (86.6%) of the Company’s outstanding shares of Common Stock, resulting in a change of control of the Company.”
SOLV Solventum Corp

Solventum Corp completed a disposition involving Thermo Fisher Scientific Inc. for approximately $4.0 billion (closed 2025-09-01).

“Solventum completed the sale of the Business to the Buyer in accordance with the terms of the Agreement. The cash consideration paid to Solventum at closing was approximately $4.0 billion, which is subject to further adjustments for closing cash and indebtedness, unpaid transaction expenses and working capital as set forth in the Agreement, as well as a payment to”
MDCX Medicus Pharma Ltd.

Medicus Pharma Ltd. completed an acquisition involving Antev Ltd. for approximately US$3.0 million in cash and 1,603,164 common shares (closed 2025-08-29).

“On August 29, 2025, Medicus Pharma Ltd. ("Medicus" or the "Company") completed (the "Closing") its previously announced acquisition of Antev Ltd. ("Antev") pursuant to that certain definitive securities exchange agreement, dated as of June 29, 2025 (as amended, the "Definitive Agreement"), by and among the Company, Antev and certain securityholders of Antev (the "Antev Vendors"), pursuant to which the Company acquired (the "Transaction") 98.6% of the issued and outstanding shares of Antev for aggregate consideration consisting of approximately US$3.0 million in cash and 1,603,164 common shares of Medicus (the "Consideration Shares").”
GEF GREIF, INC

GREIF, INC completed a disposition involving Packaging Corporation of America for $1.8 billion (closed 2025-08-31).

“interests in those subsidiaries of the Company that directly owned the Containerboard Business on the date of closing. The purchase price for the Containerboard Business was $1.8 billion, subject to certain adjustments as set forth in the Agreement. The amount of the purchase price was determined by arms-length negotiations between the parties. Other than in”
OLD POINT FINANCIAL CORP

OLD POINT FINANCIAL CORP underwent a change of control involving TowneBank for $41.00 per share in cash or 1.14 shares of TowneBank common stock per share (closed 2025-09-01).

“to receive, at the election of the holder of such share of Old Point common stock, and subject to the proration and allocation procedures set forth in the Merger Agreement: · $41.00 per share in cash (the “Cash Consideration”); or · 1.14 shares of common stock, par value $1.667 per share, of TowneBank (the “Stock Consideration” and together with the Cash”
CELH Celsius Holdings, Inc.

Celsius Holdings, Inc. completed an acquisition involving PepsiCo, Inc. for aggregate purchase price of $585.0 million in cash (closed 2025-08-28).

“B Convertible Preferred Stock” (the “ Series B Preferred Stock ” and, together with the Series A Preferred Stock, the “ Preferred Stock ”), for an aggregate purchase price of $585.0 million in cash. Subject to the satisfaction of certain conditions, as set forth in the Certificate of Designation of Series B Convertible Preferred Stock, setting forth the rights,”
SRTA Strata Critical Medical, Inc.

Strata Critical Medical, Inc. completed a disposition involving Joby Aero, Inc. for approximately $76.0 million (closed 2025-08-29).

“of Joby Aviation. The purchase price received by the Company upon the consummation of the transactions contemplated by the Purchase Agreement (the “Closing”) was approximately $76.0 million (assuming the closing price per share of $14.27 of Joby Aviation’s common stock as of August 28, 2025), after giving effect to pre-Closing adjustments and indemnity holdbacks”
iTeos Therapeutics, Inc.

iTeos Therapeutics, Inc. underwent a change of control involving Concentra Biosciences, LLC for $10.047 in cash per Share plus one non-transferable contractual contingent value right per Share (closed 2025-08-29).

“(the “Company”) in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on July 21, 2025, the Company entered into an Agreement and Plan of Merger, dated as of July 18, 2025 (the “Merger Agreement”) with Concentra Biosciences, LLC, a Delaware limited liability company (“Parent”), and Concentra Merger Sub VIII, Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“Merger Sub”).”
Walgreens Boots Alliance, Inc.

Walgreens Boots Alliance, Inc. underwent a change of control involving Blazing Star Parent, LLC (affiliate of Sycamore Partners Management, L.P.) for cash consideration of approximately $8.25 billion; plus contingent Divested Asset Proceed Rights entitling holders to receive up to $3.00 per right from 70% of (closed 2025-08-28).

“Stock (as defined below), in accordance with the terms and conditions of the Merger Agreement. Each Divested Asset Proceed Right entitles its holder to receive its share of 70% of the net proceeds from any monetization of the Company’s equity or debt interests in Village Practice Management Company Holdings, LLC and its subsidiaries (the “Divested”
XRPN Armada Acquisition Corp. II

Armada Acquisition Corp. II underwent a change of control involving Arrington XRP Capital Fund, LP for $6,600,000 (closed 2025-08-28).

“value $0.0001 per share, 400,000 Class A ordinary shares, par value $0.0001 per share, and 200,000 private placement warrants of the Company for an aggregate purchase price of $6,600,000 (such transaction, the “New Sponsor Purchase”) and the New Sponsor received a limited, revocable license to the Armada Acquisition Corp. II branding for a period of time that”
H Hyatt Hotels Corp

Hyatt Hotels Corp completed an acquisition involving Playa Hotels & Resorts N.V. for $13.50 per share in cash (closed 2025-06-17).

“On June 17, 2025, Hyatt Hotels Corporation ("Hyatt") completed a tender offer process to purchase all of the issued and outstanding ordinary shares of Playa Hotels & Resorts N.V. ("Playa") at a cash price of $13.50 per share (the "Offer Consideration" and such acquisition, the "Playa Acquisition").”
RYM RYTHM, Inc.

RYTHM, Inc. completed an acquisition involving VCP23, LLC for $50.0 million (closed 2025-08-27).

“, Dogwalkers , Doctor Solomon’ s, &Shine , and Good Green . The purchase price for the equity interests in VCP under the Purchase Agreement consisted of cash consideration of $50.0 million (the “Purchase Price”). Under the Purchase Agreement, the Seller or the Company can cause the Seller to repurchase VCP within five years from the date of closing upon the”
CNNE Cannae Holdings, Inc.

Cannae Holdings, Inc. completed a disposition involving Clearlake Capital Group, L.P. for $540.3 million (closed 2025-08-26).

“common stock they owned. In conjunction with the D&B Sale, Cannae Holdings, Inc. (the "Company") disposed of all of its equity interests in D&B for aggregate cash proceeds of $540.3 million (the "D&B Disposition") and no longer holds any ownership interest in D&B. Additional information regarding the D&B Sale can be found in D&B’s filings with the Securities and”
Dun & Bradstreet Holdings, Inc.

Dun & Bradstreet Holdings, Inc. underwent a change of control involving Denali Intermediate Holdings, Inc. and Denali Buyer, Inc. (affiliates of Clearlake Capital Group L.P.) for $9.15 per share (closed 2025-08-26).

“a demand for appraisal rights in accordance with Section 262 of the Delaware General Corporation Law), was converted into the right to receive cash in an amount equal to $9.15 per share, without interest and subject to deduction for any applicable withholding taxes (the “Merger Consideration”). At the Effective Time, and by virtue of the Merger, each”
AHT ASHFORD HOSPITALITY TRUST INC

ASHFORD HOSPITALITY TRUST INC completed a disposition involving Nassau Bay Resorts LLC for $27 million in cash, subject to customary pro-rations and adjustments (closed 2025-08-22).

“On August 22, 2025, New Clear Lake Hotel Limited Partnership, an indirect subsidiary of Ashford Hospitality Trust, Inc. (the “ Company ”), completed the sale of the 242-room Hilton Houston NASA Clear Lake hotel located in Houston, Texas pursuant to an Agreement of Purchase and Sale, dated as of March 28, 2025, by and between New Clear Lake Hotel Limited Partnership, as seller, and Nassau Bay Resorts LLC, as successor in interest by assignment from Ayrshire Nassau Bay LLC, as purchaser, for $27 million in cash, subject to customary pro-rations and adjustments.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.