IHT S-3 OPENS DOORS FOR DIVERSIFICATION CAPITAL INFUSION
InnSuites Hospitality Trust Shares of Beneficial Interest (IHT)
NASDAQ:AMEX Investor Relations:
innsuitestrust.com
Company Research
Source: GlobeNewswire
Phoenix, AZ, April 19, 2024 (GLOBE NEWSWIRE) -- InnSuites Hospitality Trust (NYSE American: IHT) IHT management announces Filing an S-3, allowing the potential to offer and sell up to 1,000,000 shares of IHT common stock, without par value (“Common Stock”), of the Company. The S-3 prospectus includes the details as it relates to shares of IHT Common Stock that may be offered and issued from time to time. The amount of gross proceeds received will depend upon the number of shares issued, and the market price of the Common Stock at the time of such sales. It is expected that the net proceeds from the sale of shares of Common Stock will be used for general corporate purposes, including repayment of outstanding indebtedness, and the repurchase of our outstanding equity securities. Further diversification may include additional UniGen Power, Inc., efficient clean energy and/or hospitality technology innovations. It is possible that no shares of Common Stock will be issued under the
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IHT
News
- InnSuites Hospitality Trust (NYSE: IHT) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- InnSuites Hospitality Trust (NYSE: IHT) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- InnSuites Hospitality Trust (NYSE: IHT) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- IHT HOTEL REVENUE CONTINUES TO GROW [Yahoo! Finance]Yahoo! Finance
- IHT HOTEL REVENUE CONTINUES TO GROWGlobeNewswire
IHT
Sec Filings
- 5/3/24 - Form 4
- 4/25/24 - Form 4
- 4/19/24 - Form S-3
- IHT's page on the SEC website