secwatch.observer — SEC 8-K summary
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Issuer:     PROCACCIANTI HOTEL REIT, INC. (PRXK)
CIK:        0001692345
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0001104659-23-011535
Event type: dividend
Sentiment:  neutral
Materiality: 0.25
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Procaccianti Hotel REIT authorizes Q4 2022 distributions at 7% annual rate
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- Board authorized $690,862 distribution for K Shares, $236,904 for K-I Shares, and $7,877 for K-T Shares.
- Class K OP unit holders of Hilton Garden Inn Providence receive $22,606 distribution.
- All distributions accrue at $0.001917808 per share/unit per day (7% per annum).
- Payments from legally available funds to holders of record as of December 31, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692345/000110465923011535/0001104659-23-011535-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692345/000110465923011535/tm235721d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-011535

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