Current Report Filing (8-k)
21 6월 2023 - 5:06AM
Edgar (US Regulatory)
0001893311
false
0001893311
2023-06-19
2023-06-19
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): June 19, 2023
LuxUrban Hotels Inc.
(Exact
Name of Registrant as Specified in Charter)
Delaware |
|
001-41473 |
|
82-3334945 |
(State or Other Jurisdiction
of Incorporation)
|
|
(Commission File Number)
|
|
(IRS Employer
Identification No.) |
2125 Biscayne Blvd, Suite 253, Miami, Florida |
|
33137 |
(Address of Principal Executive Offices) |
|
(Zip Code) |
Registrant’s
telephone number, including area code: (833) 723-7368
N/A
(Former
Name or Former Address, if Changed Since Last Report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under
any of the following provisions (see General Instruction A.2. below):
| ☐ | Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c)) |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Ticker
symbol(s) |
|
Name
of each exchange on which registered |
Common
Stock, par value $0.00001 per share |
|
LUXH |
|
The
Nasdaq Stock Market LLC |
Item
1.01. Entry into a Material Definitive Agreement.
On
June 19, 2023, LuxUrban Hotels Inc. (the “Company”, “we”,
“our” or similar pronouns) entered into an agreement (the “June
2023 Letter Agreement”) with Greenle Partners LLC Series Alpha P.S. (“Greenle
Alpha”) and Greenle Partners LLC Series Beta P.S. (“Greenle
Beta” and, together with Greenle Alpha, “Greenle”), the
holders of our senior secured convertible notes (the “Convertible
Notes”). Pursuant to the June 2023 Letter Agreement, Greenle agreed to convert, within two trading days, the principal
amount of each outstanding Convertible Note owned by Greenle Alpha and Greenle Beta and all accrued interest thereon and any other
amounts payable thereunder, totaling approximately $2.6 million, into 1,528,975 shares of our common stock. Following such
conversions, the Company shall have no remaining obligations under the terms of any of the Convertible Notes. Pursuant to the June
2023 Letter Agreement, the Company agreed to register the re-sales of the common stock underlying the previously issued and last
remaining warrants owned by Greenle Alpha and Greenle Beta to purchase 1,000,000 shares of our common stock and 250,000 shares of
our common stock, respectively, and reduce the exercise price of such warrants to $2.50 per share of common stock.
Item
9.01. Financial Statements and Exhibits.
Exhibit Number |
|
Description |
10.1 |
|
June 2023 Letter
Agreement |
104 |
|
Cover Page Interactive
Data File (Embedded within the Inline XBRL document and included in Exhibit) |
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Dated: June 20, 2023 |
LUXURBAN HOTELS INC. |
|
|
|
By: |
/s/ Brian Ferdinand |
|
|
Name: |
Brian Ferdinand |
|
|
Title: |
Chief Executive Officer and Chairman |
CorpHousing (NASDAQ:CHG)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024
CorpHousing (NASDAQ:CHG)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024
CorpHousing Group Inc (나스닥)의 실시간 뉴스: 최근 기사 0
More Luxurban Hotels Inc. News Articles