Latest Current Report
Filed: 2026-03-26
Key Insights
- Ashford Hospitality Trust obtained a third-party opinion on the liquidation value of its non-traded preferred stock as of December 31, 2025, which was estimated to be $25.00 per share, equal to the per share liquidation preference.
- The company engaged Robert A. Stanger & Co., Inc. to provide the opinion, which used various valuation approaches including market capitalization, direct capitalization analysis, and third-party appraisals.
- The opinion noted that the estimated liquidation value per share is subject to various estimates and assumptions, and different parties could derive different values using different methodologies.