secwatch.observer — SEC 8-K summary
======================================

Issuer:     PROCACCIANTI HOTEL REIT, INC. (PRXK)
CIK:        0001692345
Form:       8-K
Filed at:   2026-03-04T23:59:59+00:00
Accession:  0001104659-26-023003
Event type: other_material
Sentiment:  negative
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Procaccianti Hotel REIT prorates Q4 2025 repurchases at 3.6% due to insufficient DRIP proceeds
--------------------------------------------------------------------------------

- Board determined Funding Limitation reached for Q4 2025; DRIP net proceeds insufficient to fund all repurchase requests.
- Deceased stockholders' shares repurchased in full; no qualifying disability or small account requests.
- Remaining repurchase requests prorated at approximately 3.6% of shares requested.
- Unfulfilled requests carried over to subsequent repurchase periods unless withdrawn five business days prior.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1692345/000110465926023003/0001104659-26-023003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1692345/000110465926023003/tm267801d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-023003

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