Ashford Hospitality Trust Announces Closing of Preferred Stock Offerings

Ashford Hospitality Trust, a real estate investment trust specializing in the hotel sector, announced the anticipated closing of its Series J and Series K non-traded preferred stock offerings. The announcement, made on December 3, 2024, includes details about the scheduled finalization date, set for March 31, 2025.

These offerings mark a strategic step in the company's capital-raising initiatives, aimed at bolstering liquidity and supporting ongoing operations in a competitive market. The Series J and K preferred stocks will not be publicly traded, emphasizing a targeted approach to select investors.

This development aligns with Ashford's broader financial strategy, leveraging its diversified asset base and enhancing shareholder value through tailored equity instruments. Both Series J and K offerings highlight the company’s efforts to remain adaptive in the evolving hospitality industry while maintaining a strong presence on the New York Stock Exchange.

The filing clarified that related disclosures, including the press release accompanying this announcement, will not be considered filed under federal securities laws. This approach underscores Ashford's adherence to regulatory frameworks while ensuring transparency for its stakeholders.

The trust’s consistent focus on innovative financial solutions and maintaining investor confidence positions it as a resilient player in the hospitality investment landscape. As Ashford prepares for the next phase of its growth strategy, these offerings represent a key milestone in its operational timeline.