LuxUrban Hotels (LUXH) Launches Proposed Public Offering of Securities

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Go back to LuxUrban Hotels (LUXH) Launches Proposed Public Offering of Securities

LuxUrban Hotels Launches Proposed Public Offering of Securities

May 20, 2024 4:30 PM EDT

MIAMI--(BUSINESS WIRE)-- LuxUrban Hotels Inc. (LuxUrban or the Company) (Nasdaq: LUXH), a hospitality company which leases entire existing hotels on a long-term basis and rents rooms in its hotels to business and vacation travelers, today announced the launch of a proposed follow-on public offering of shares of its common stock. All of the shares of common stock are being offered by the Company pursuant to a shelf registration statement on Form S-3 (No. 333-278883) (the Registration Statement) filed with the Securities and Exchange Commission (SEC) and declared effective on May 8, 2024. The offering... More