SECsense Logo

LuxUrban Hotels Inc. Financial Report: Insights on Stock Structure & Performance

$LUXH
Form 8-K
Filed on: 2025-01-13
Source
LuxUrban Hotels Inc. Financial Report: Insights on Stock Structure & Performance

Based on the provided XML section of the financial report, here are the key insights and important information extracted:

  1. Company Identification:
  • 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
  1. Filing Date:
  • The report is dated January 7, 2025.
  1. Stock Information:
  • Common Stock:
    • Par Value: $0.00001 per share
    • Ticker Symbol: LUXH
  • Series A Cumulative Redeemable Preferred Stock:
    • Par Value: $0.00001 per share
    • Ticker Symbol: LUXHP
    • Dividend Rate: 13.00%
  1. Context of Reporting:
  • This report captures information as of January 7, 2025, indicating it is likely a snapshot of the company's financial position on that date.
  1. Financial Measurement Units:
  • The report utilizes USD as the unit of currency for financial data, and shares as the unit of measure for stock-related information.
  1. XBRL and Reporting Structure:
  • The report is structured in XBRL (eXtensible Business Reporting Language), which enhances the accessibility and analysis of financial data.
  1. Segments of Stock:
  • The report specifies different classes of stock, identifying common and preferred shares, which may have implications for dividend distributions and shareholder rights.

Insights:

  • The presence of both common and preferred stock indicates a diversified equity structure, which may appeal to different investor types.
  • The preferred stock's cumulative dividend feature suggests a commitment to returning value to preferred shareholders, which can be a positive signal regarding the company's financial health and priorities.
  • The use of XBRL indicates the company is adhering to modern reporting standards, enhancing transparency for investors and analysts alike.

This summary provides an overview of the company's stock structure, financial reporting context, and key identifiers critical for investors and analysts following LuxUrban Hotels Inc.