All of the shares of common stock were 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 and which is available through the SEC's website at This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the ...
MIAMI, July 11, 2024 (GLOBE NEWSWIRE) -- LuxUrban Hotels Inc.("LuxUrban" or the "Company") (NASDAQ:LUXH), which secures long-term operating rights for entire hotels through Master Lease Agreements (MLA) under which it manages the hotel and rents out, on a short-term basis, rooms to business and vacation travelers, today announced the pricing of its previously announced public offering of 30,000,000 shares of common stock at a price of $0.17 per share.
The underwriters also were granted an over-allotment option for up to 4,500,000 additional shares of common stock.Alexander Capital, L.P.is acting as sole book-running manager for the offering.
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