secwatch.observer — SEC 8-K summary
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Issuer:     PROCACCIANTI HOTEL REIT, INC. (PRXK)
CIK:        0001692345
Form:       8-K
Filed at:   2025-01-14T23:59:59+00:00
Accession:  0001104659-25-003429
Event type: dividend
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Board okays $684K distribution on K Shares, $246K on K-I Shares, $23K on OP Units
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- K Share distribution: $684,393 cumulative accrued for quarter ended Dec 31, 2024 at 7% per annum.
- K-I Share distribution: $245,671 cumulative accrued at same rate.
- Class K OP Unit distribution: $22,544 cumulative accrued for affiliate sellers.
- Daily accrual rate: $0.0019125683 per share/unit (7% annual).
- Payments from legally available funds; record date Dec 31, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692345/000110465925003429/0001104659-25-003429-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692345/000110465925003429/tm253310d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-003429

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer