LuxUrban Hotels Inc. 8-K Report: Key Financial Insights as of January 3, 2025

The provided section contains several critical pieces of information from a financial report for LuxUrban Hotels Inc. as of January 3, 2025. Here are the extracted key insights:

1. Entity Identification:

• Company Name: LuxUrban Hotels Inc.
• SEC CIK Number: 0001893311
• Business Address: 2125 Biscayne Blvd, Suite 253, Miami, FL 33137
• Contact Number: (877) 269-5952

2. Filing Type:

• Form Type: 8-K (indicating a current report of unscheduled material events or corporate changes)

3. Stock Information:

• Common Stock:
• • Par Value: $0.00001 per share
  • Ticker Symbol: LUXH (traded on NASDAQ)
• Preferred Stock:
• • Type: Series A Cumulative Redeemable Preferred Stock
  • Par Value: $0.00001 per share
  • Ticker Symbol: LUXHP (traded on NASDAQ)
  • Cumulative Rate: 13.00%

4. Financial Period:

• Report Date: January 3, 2025
• Reporting Period: Single day from January 3, 2025

5. Stock Classification:

• The report references two classes of stock:
• • Common Stock (denoted as "CommonStock0.00001ParValuePerShareMember")
  • Series A Cumulative Redeemable Preferred Stock (denoted as "SeriesACumulativeRedeemablePreferredMember")

6. Measurement Units:

• The financial values are reported in USD (United States Dollar).
• Shares are also noted as a measurement unit.

7. Contextual References:

• The report uses specific context identifiers and dimensions to classify the types of stock being reported, which is important for understanding the nature of the financial data presented.

In summary, the report provides details about LuxUrban Hotels Inc.'s stock classifications, including both common and preferred stocks, their par values, and the current status of the company as reported in an 8-K filing. The preferred stock has a notable cumulative dividend rate of 13.00%, which could be important for investors considering income-generating securities.