secwatch.observer — SEC 8-K summary
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Issuer:     PROCACCIANTI HOTEL REIT, INC. (PRXK)
CIK:        0001692345
Form:       8-K
Filed at:   2025-07-28T23:59:59+00:00
Accession:  0001104659-25-071185
Event type: dividend
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Procaccianti Hotel REIT board authorizes ~$2.4M per A share distribution on Aug 1, 2025
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- Cumulative distribution of $683,680 per A share for Sept 29, 2016 – Mar 30, 2020 at 6% annual accrual rate.
- Cumulative distribution of $1,704,392 per A share for Apr 1, 2020 – Jun 30, 2024 at 7% annual accrual rate.
- Total A Share Accrual of $2,388,072 per share authorized for payment on or about August 1, 2025.
- Board authorized distribution out of legally available funds for shares outstanding as of June 30, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692345/000110465925071185/0001104659-25-071185-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692345/000110465925071185/tm2521769d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-071185

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