Supertel Hospitality (SPPR) Files 60M Common Shelf for Shareholder
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Supertel Hospitality (Nasdaq: SPPR) filed a registration with the U.S. Securities and Exchange Commission to sell, from time to time, up to 60 million shares of Common Stock.
The Common will be issuable upon the conversion of Supertel's Series C Cumulative Convertible Preferred Stock and the exercise of warrants by the selling stockholder.
The Common will be issuable upon the conversion of Supertel's Series C Cumulative Convertible Preferred Stock and the exercise of warrants by the selling stockholder.
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