{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-21-103496","form_type":"8-K","ticker":"INN","cik":"0001497645","company_name":"Summit Hotel Properties, Inc.","filed_at":"2021-08-11T23:59:59+00:00","discovered_at":"2026-05-14T18:04:18.281380+00:00","generated_at":"2026-06-29T14:58:22.803303+00:00","sec_items":["3.03","5.03","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Summit Hotel Properties prices $100M public offering of 5.875% Series F Preferred Stock","bullets":["Pricing: 4,000,000 shares at $25.00 each; gross proceeds $100M; underwriters' 30-day option for 600,000 additional shares.","Net proceeds estimated at $96.7M (or $111.2M if over-allotment exercised in full).","Proceeds to redeem $75M of outstanding 6.45% Series D Preferred Stock plus accrued dividends; balance to reduce revolver/term loans.","Offering expected to close August 12, 2021, subject to customary conditions.","Underwriters led by Wells Fargo, Raymond James, BofA Securities, and Deutsche Bank."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-21-103496","json":"https://secwatch.observer/filing/0001104659-21-103496.json","markdown":"https://secwatch.observer/filing/0001104659-21-103496.md","text":"https://secwatch.observer/filing/0001104659-21-103496.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1497645/000110465921103496/0001104659-21-103496-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1497645/000110465921103496/tm2124093d4_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-29T14:58:22.803303+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}