CEO Mutually Agree To Cancel $10 Mln Financing Arrangement
04/12/2023 13:02
Dec 4 (Reuters) - LuxUrban Hotels Inc LUXH.O :
* LUXURBAN HOTELS AND COMPANY’S CHAIRMAN AND CO-CEO MUTUALLY
AGREE
TO CANCEL $10 MILLION FINANCING ARRANGEMENT IN LIGHT OF ONGOING
DISCUSSIONS TO ENHANCE ACCESS TO NON-DILUTIVE CAPITAL
* LUXURBAN HOTELS INC - CHAIRMAN AND CO-CEO HAS CEASED
FURTHER
SALES OF COMPANY'S COMMON STOCK ASSOCIATED WITH NOW CANCELLED
FINANCING ARRANGEMENT
* LUXURBAN HOTELS INC - REITERATE ALL PREVIOUS FINANCIAL AND
UNIT
GUIDANCE UNDER THIS UPDATED FINANCING PLAN
Source text for Eikon: ID:nBw7jq0rpa
Further company coverage: LUXH.O
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