Procaccianti Hotel REIT prorates Q3 share repurchases at 44.9% due to DRIP funding cap

PROCACCIANTI HOTEL REIT, INC.

Board found insufficient DRIP net proceeds to fund all September 30, 2024 repurchase requests.
Deceased stockholders' shares repurchased at prorated rate of approximately 44.9%.
One qualifying-disability request was received but not prioritized; no small-account requests.
Unfulfilled repurchase requests automatically carry over to future periods unless withdrawn.

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