---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-089976"
form_type: "8-K"
ticker: "PRXK"
cik: "0001692345"
company_name: "PROCACCIANTI HOTEL REIT, INC."
filed_at: "2024-08-15T23:59:59+00:00"
generated_at: "2026-05-31T09:02:16.499724+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Procaccianti Hotel REIT prorates Q2 2024 share repurchases at ~31.38% due to funding limit

## Summary
- Board determined on Aug 14, 2024 that net proceeds from DRIP were insufficient to fund all Q2 repurchase requests.
- Deceased stockholders' shares will be repurchased on a pro rata basis at approximately 31.38% of the requested shares.
- One qualifying disability request (category i) was not prioritized; no small-account requests (category ii) were received.
- Unfulfilled repurchase requests will automatically carry over to subsequent quarters unless withdrawn.

## SEC filing metadata
- accession: 0001104659-24-089976
- form_type: 8-K
- ticker: PRXK
- cik: 0001692345
- company_name: PROCACCIANTI HOTEL REIT, INC.
- filed_at: 2024-08-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692345/000110465924089976/0001104659-24-089976-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692345/000110465924089976/tm2421807d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-089976
- JSON: https://secwatch.observer/filing/0001104659-24-089976.json
- Plain text: https://secwatch.observer/filing/0001104659-24-089976.txt

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