---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-120968"
form_type: "8-K"
ticker: "PRXK"
cik: "0001692345"
company_name: "PROCACCIANTI HOTEL REIT, INC."
filed_at: "2024-11-20T23:59:59+00:00"
generated_at: "2026-05-29T21:58:24.171704+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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- Unfulfilled repurchase requests automatically carry over to future periods unless withdrawn.

## SEC filing metadata
- accession: 0001104659-24-120968
- form_type: 8-K
- ticker: PRXK
- cik: 0001692345
- company_name: PROCACCIANTI HOTEL REIT, INC.
- filed_at: 2024-11-20T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1692345/000110465924120968/0001104659-24-120968-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1692345/000110465924120968/tm2429038d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-120968
- JSON: https://secwatch.observer/filing/0001104659-24-120968.json
- Plain text: https://secwatch.observer/filing/0001104659-24-120968.txt

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