{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-008505","form_type":"8-K","ticker":"PRXK","cik":"0001692345","company_name":"PROCACCIANTI HOTEL REIT, INC.","filed_at":"2026-01-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.907045+00:00","generated_at":"2026-05-16T05:59:04.255490+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Procaccianti Hotel REIT updates Alabama suitability standards for DRIP participants","bullets":["Effective Feb 2, 2026, new Alabama investor requirements: net worth ≥$350K (excluding home, car) or net worth ≥$100K and income ≥$100K.","Aggregate investment in non-traded direct participation programs limited to 10% of liquid net worth; exceptions for DRIP and accredited investors.","Amendment applies to Class K, K-I, K-T stockholders participating in the distribution reinvestment plan.","Update deletes and replaces the previous Alabama standard in the prospectus."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-008505","json":"https://secwatch.observer/filing/0001104659-26-008505.json","markdown":"https://secwatch.observer/filing/0001104659-26-008505.md","text":"https://secwatch.observer/filing/0001104659-26-008505.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1692345/000110465926008505/0001104659-26-008505-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1692345/000110465926008505/tm264578d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T05:59:04.255490+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}