---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-094193"
form_type: "8-K"
ticker: "PRXK"
cik: "0001692345"
company_name: "PROCACCIANTI HOTEL REIT, INC."
filed_at: "2023-08-22T23:59:59+00:00"
generated_at: "2026-06-11T05:38:40.887118+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Procaccianti Hotel REIT prorates Q2 2023 share repurchases at ~19.7% due to funding limitation

## Summary
- Board determined Funding Limitation reached; insufficient net proceeds from DRIP for Q2 2023 repurchase requests.
- Deceased stockholders' shares repurchased in full; no requests in priority categories (i) and (ii).
- Remaining repurchase requests prorated at approximately 19.7% of shares requested.
- Unfulfilled requests carried over automatically to subsequent periods unless withdrawn.

## SEC filing metadata
- accession: 0001104659-23-094193
- form_type: 8-K
- ticker: PRXK
- cik: 0001692345
- company_name: PROCACCIANTI HOTEL REIT, INC.
- filed_at: 2023-08-22T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692345/000110465923094193/0001104659-23-094193-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692345/000110465923094193/tm2324094d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-094193
- JSON: https://secwatch.observer/filing/0001104659-23-094193.json
- Plain text: https://secwatch.observer/filing/0001104659-23-094193.txt

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