---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-058335"
form_type: "8-K"
ticker: "PRXK"
cik: "0001692345"
company_name: "PROCACCIANTI HOTEL REIT, INC."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T11:37:09.711841+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Board recommends rejecting $2.35 mini-tender; cites $11.53 NAV per share

## Summary
- Alternative Liquidity Capital offer at $2.35/share vs. estimated NAV of $11.53 (as of March 31, 2023).
- Board recommends stockholders reject the unsolicited mini-tender for up to 175,620 Class K and 61,825 Class K-I shares.
- Offer expires June 21, 2024; tendered shares may be withdrawn before then.
- Board believes offer exploits company's inability to fully repurchase shares under its share repurchase program.
- Stockholders who tender assign rights to distributions paid after June 21, 2024.

## SEC filing metadata
- accession: 0001104659-24-058335
- form_type: 8-K
- ticker: PRXK
- cik: 0001692345
- company_name: PROCACCIANTI HOTEL REIT, INC.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692345/000110465924058335/0001104659-24-058335-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692345/000110465924058335/tm2413757d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-058335
- JSON: https://secwatch.observer/filing/0001104659-24-058335.json
- Plain text: https://secwatch.observer/filing/0001104659-24-058335.txt

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