ASHFORD INC.'S BOARD OF DIRECTORS APPROVES PLAN TO TERMINATE REGISTRATION OF ITS COMMON STOCK
Ashford Inc. (Holding Company) (AINC)
NASDAQ:AMEX Investor Relations:
ashfordinc.com
Company Research
Source: PR Newswire
DALLAS, April 1, 2024 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that a Special Committee of independent and disinterested directors has recommended, and its Board of Directors has approved, a plan to terminate the registration of the Company's common stock under the federal securities laws following the completion of a proposed reverse stock split transaction (the "Reverse Stock Split") immediately followed by a forward stock split transaction and to delist its shares of common stock from trading on the NYSE American LLC (the "NYSE American") (the "Proposed Transaction"). It is expected that this plan would be initiated in the summer of 2024, subject to Ashford's stockholders approving the Proposed Transaction at a Special Meeting of Stockholders to be held for that purpose, as described below.Ashford is taking these steps to avoid the substantial cost and expense of being a public reporting company and to focus the Company's resou
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AINC
News
- Ashford Inc. (NYSE: AINC) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Ashford Inc. (NYSE: AINC) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- ASHFORD HOSPITALITY TRUST ANNOUNCES CEO SUCCESSION PLAN [Yahoo! Finance]Yahoo! Finance
- Ashford Inc. (NYSE: AINC) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Ashford Inc. (NYSE: AINC) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
AINC
Earnings
- 11/8/23 - Miss
AINC
Sec Filings
- 4/18/24 - Form SC
- 4/18/24 - Form 8-K
- 4/16/24 - Form SC
- AINC's page on the SEC website