ASHFORD HOSPITALITY TRUST ANNOUNCES CLOSING OF NON-TRADED PREFERRED STOCK OFFERING
Ashford Hospitality Trust(AHT) Prnewswire·2024-12-03 13:00
DALLAS, Dec. 3, 2024 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that it plans to close its offering of Series J and Series K non-traded preferred stock on March 31, 2025. Since launching the offering in 2022, the Company raised approximately $180.0 million of gross proceeds from the sale of its Series J and Series K non-traded preferred stock."Our non-traded preferred stock offering has allowed us to raise substantial capital during a chal ...