secwatch.observer — SEC 8-K summary
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Issuer:     PROCACCIANTI HOTEL REIT, INC. (PRXK)
CIK:        0001692345
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001104659-23-089102
Event type: dividend
Sentiment:  neutral
Materiality: 0.20
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Procaccianti Hotel REIT authorizes $944K in Q2 2023 distributions at 7% annual rate
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- Board authorized Q2 2023 distributions totaling $944,307 across K, K-I, K-T shares and Class K OP units.
- Accrual rate of $0.001917808 per share per day, reflecting 7% per annum under the charter.
- Record date for distributions was June 30, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692345/000110465923089102/0001104659-23-089102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692345/000110465923089102/tm2322927d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-089102

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