secwatch.observer — SEC 8-K summary
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Issuer:     Service Properties Trust (SVC)
CIK:        0000945394
Form:       8-K
Filed at:   2025-12-09T23:59:59+00:00
Accession:  0000945394-25-000117
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 2.01, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

SVC sells 8 hotels for $57M, contested termination on 7 remaining deals
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- On Dec 4, 2025 sold 8 hotels (1,038 keys) for $57M; total 93 of 113 Sale Hotels sold for $675.5M.
- 20 Sale Hotels (2,727 keys) remain under agreement for $237.8M, expected to close by end of 2025.
- A buyer purported to terminate agreement for 7 Sale Hotels ($88.2M); SVC is contesting, outside close date Dec 15, 2025.
- Pro forma net loss per share $1.70 for FY2024 and $1.26 for 9M 2025 after removing sold hotel results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/945394/000094539425000117/0000945394-25-000117-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/945394/000094539425000117/svc-20251204.htm
  HTML page:      https://secwatch.observer/filing/0000945394-25-000117

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer