secwatch.observer — SEC 8-K summary
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Issuer:     PROCACCIANTI HOTEL REIT, INC. (PRXK)
CIK:        0001692345
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001104659-23-113680
Event type: dividend
Sentiment:  neutral
Materiality: 0.20
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Procaccianti Hotel REIT authorizes ~$954k in Q3 2023 distributions across share classes and OP units
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- Board authorized distributions for K, K-I, K-T shares and Class K OP units for quarter ended September 30, 2023.
- Aggregate distributions: $689,335 (K shares), $239,538 (K-I), $2,448 (K-T), $22,606 (OP units).
- Daily accrual rate per share/unit is $0.001917808, reflecting a 7% annual rate.
- Record date September 30, 2023; payment authorized October 30, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692345/000110465923113680/0001104659-23-113680-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692345/000110465923113680/tm2329713d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-113680

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