Lodging Fund REIT III, Inc. 8K

Lodging Fund REIT III, Inc. formed a Special Committee that has engaged Piper Sandler to advise on a broad review of strategic alternatives, including a possible sale, merger, listing, asset sale, or recapitalization.

Lodging Fund REIT III, Inc. announced that a Special Committee of its Board of Directors, composed solely of independent directors, has engaged Piper Sandler & Co. as its financial advisor and Faegre Drinker Biddle & Reath LLP as its legal counsel to assist in a comprehensive review of strategic alternatives intended to maximize stockholder value, which may include a sale or merger of the Company, an exchange listing, asset sales, recapitalization, continuation of the current business plan, or other strategic transactions. The Company emphasized that no definitive timetable has been set, there is no assurance that the review will result in any transaction or specific outcome, and it does not intend to provide further updates unless a particular transaction or action is approved or disclosure is otherwise required by law.

Filing Facts

CIK

1745032

Ticker

-

Form

8K

Source Type

sec

Accession

0001104659-26-050199

Alert Tier

7