secwatch.observer — SEC 8-K summary
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Issuer:     DiamondRock Hospitality Co (DRH)
CIK:        0001298946
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0001104659-24-085871
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DiamondRock Hospitality files new $200M ATM equity program, replacing prior August 2024 program
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- Filed shelf registration and $200M at-the-market equity offering program, replacing prior program expiring August 6, 2024.
- Shares may be sold through agents or forward sale agreements; commissions up to 2% of gross sales price.
- Net proceeds contributed to operating partnership for acquisitions, debt repayment, capex, and working capital.
- Program expires August 5, 2027, unless all shares sold or earlier termination by company or agents.
- No obligation to sell any shares; actual sales depend on market conditions and company discretion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1298946/000110465924085871/0001104659-24-085871-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1298946/000110465924085871/tm2420538d4_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-085871

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