MIAMI, May 21, 2024--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 pricing of its public offering of 30,500,000 shares of common stock at a price of $0.25 per share. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 4,575,000 shares of common stock at the offeri
MIAMI, May 20, 2024--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")
Q1 2024 LuxUrban Hotels Inc Earnings Call