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8-K filed March 1, 2024, 6:59 PM ET ticker AHT CIK 0001232582
other confidence high sentiment neutral materiality 0.20

Ashford Hospitality amends bylaws: cuts 2024 meeting quorum to 1/3, removes age-70 director limit

ASHFORD HOSPITALITY TRUST INC

item 5.03item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.98

ASHFORD HOSPITALITY TRUST INC: Adopted Amendment No. 7 to the Second Amended and Restated Bylaws to reduce the quorum requirement solely for the 2024 annual meeting from a majority to at least one-third of all votes entitled to be cast, and to remove the age-70 mandatory retirement limitation for directors (effective 2024-02-27).

Change
bylaw amendment
Effective
2024-02-27
Exact text from the filing
On February 27, 2024, Ashford Hospitality Trust, Inc. (the “Company”), by resolution of its board of directors (the “Board”), adopted Amendment No. 7 to the Second Amended and Restated Bylaws of the Company (the “Bylaw Amendment”). The Bylaw Amendment reduced the quorum required solely for the 2024 annual meeting of the Company’s stockholders from a majority to at least one-third of all votes entitled to be cast at such meeting, as permitted under the Maryland General Corporation Law.
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Source: SEC EDGAR
accession 0001232582-24-000028
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