---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-050576"
form_type: "8-K"
ticker: "PRXK"
cik: "0001692345"
company_name: "PROCACCIANTI HOTEL REIT, INC."
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T09:07:18.438241+00:00"
event_type: "dividend"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Procaccianti Hotel REIT authorizes Q1 distributions totaling $937,004 at 7% annual rate

## Summary
- Authorized $678,523 distribution for Class K shares outstanding as of March 31, 2023.
- Authorized $233,058 distribution for Class K-I shares and $3,308 for Class K-T shares.
- Authorized $22,115 distribution for Class K OP units held by unaffiliated sellers of Hilton Garden Inn Providence.
- All distributions accrue at 7% per annum ($0.001917808 per share per day).

## SEC filing metadata
- accession: 0001104659-23-050576
- form_type: 8-K
- ticker: PRXK
- cik: 0001692345
- company_name: PROCACCIANTI HOTEL REIT, INC.
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: dividend
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692345/000110465923050576/0001104659-23-050576-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692345/000110465923050576/tm2313824d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-050576
- JSON: https://secwatch.observer/filing/0001104659-23-050576.json
- Plain text: https://secwatch.observer/filing/0001104659-23-050576.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.