LuxUrban Hotels raises Series A Preferred dividend to 19% after Nasdaq delisting

LUXURBAN HOTELS INC.

Alex Moinian resigned from Board on March 26, 2025, for personal reasons, no disagreement with company.
Series A Preferred dividend rate increased from 13% to 19% annually following de-listing of common stock from Nasdaq on Jan 17, 2025.
February dividend recalculated at 19%; holders receive additional $0.125 per share; payment delayed until after March 31, 2025.
January dividend reconciled: additional $0.0604839 per share to reflect 19% rate for period after delisting.
Future monthly dividends at 19% rate; March dividend to be paid on time. Principal executive office moved to 71 W 35th St, New York.

item 5.02 item 8.01 item 9.01

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Departed

Alex Moinian

Board of Directors

LUXURBAN HOTELS INC.

Effective: 2025-03-26
Filed: March 31, 2025, 7:59 PM ET

On March 26, 2025, Alex Moinian notified LuxUrban Hotels Inc. (the “Company”) of his resignation from the Company’s Board of Directors (the “Board”), effective immediately. Mr. Moinian’s resignation was due to personal reasons and was not the result of any disagreement with the Company on any matter relating to its operations, policies, or practices.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Alex Moinian resigned as Board of Directors at LUXURBAN HOTELS INC..

Action: resigned
Role: Board of Directors

Exact text from the filing

On March 26, 2025, Alex Moinian notified LuxUrban Hotels Inc. (the “Company”) of his resignation from the Company’s Board of Directors (the “Board”), effective immediately. Mr. Moinian’s resignation was due to personal reasons and was not the result of any disagreement with the Company on any matter relating to its operations, policies, or practices.

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Source: SEC EDGAR

accession 0001829126-25-002230

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