Ashford Hospitality reduces quorum for 2025 annual meeting to one-third from majority

ASHFORD HOSPITALITY TRUST INC

Board adopted Amendment No. 8 to Bylaws on Feb 25, 2025, effective same day.
Quorum reduced from majority to at least one-third for the 2025 annual meeting only.
Change addresses increasing retail shareholder base and broker policies limiting discretionary votes.
Amendment ensures sufficient quorum to hold the 2025 annual meeting.

Key facts

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

ASHFORD HOSPITALITY TRUST INC: Reduced quorum required solely for the 2025 annual meeting from a majority to at least one-third of all votes entitled to be cast (effective 2025-02-25).

Change: bylaw amendment
Effective: 2025-02-25

Exact text from the filing

On February 25, 2025, Ashford Hospitality Trust, Inc. (the “Company”), by resolution of its board of directors (the “Board”), adopted Amendment No. 8 to the Second Amended and Restated Bylaws of the Company (the “Bylaw Amendment”). The Bylaw Amendment reduced the quorum required solely for the 2025 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 0001232582-25-000034

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