LuxUrban Hotels Inc. 8-K Report: Stock Insights & Financial Overview (Feb 2025)
The extracted key information from the provided financial report section is as follows:
- Entity Information:
- Company Name: LuxUrban Hotels Inc.
- CIK: 0001893311
- SEC File Number: 001-41473
- EIN: 82-3334945
- Address: 212 Biscayne Blvd Suite 253, Miami, FL 33137
- Contact Number: (833) 723-7368
- Report Type:
- Form: 8-K
- Report Date: February 14, 2025
- Stock Information:
- Common Stock:
- Par Value: $0.00001 per share
- Identifier: LUXH
- Series A Cumulative Redeemable Preferred Stock:
- Par Value: $0.00001 per share
- Identifier: LUXHP
- Dividend Rate: 13.00%
- Reporting Period:
- As of Date: February 14, 2025
- Financial Measurements:
- The report includes both monetary measurements in USD and share measurements, indicating the company is reporting on its stock classes.
- Contextual Elements:
- The report includes information on two types of stock: Common Stock and Series A Cumulative Redeemable Preferred Stock, both having the same par value.
Insights:
- The company is in the hospitality sector, as indicated by its name, LuxUrban Hotels Inc.
- The preferred stock has a relatively high dividend rate of 13.00%, which could appeal to investors seeking income.
- The low par value for both common and preferred stock suggests a structure that may allow for greater flexibility in issuing shares without significant capital outlay.
- The report is part of an 8-K filing, which typically indicates a significant event or change within the company that warrants disclosure to investors.
This information provides a snapshot of the company's stock structure and critical financial details as of the specified date.