UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
December 4, 2020
Date of report (Date of earliest event reported)
Condor Hospitality Trust, Inc.
(Exact Name of Registrant as Specified in Its Charter)
Maryland
(State or Other Jurisdiction of Incorporation)
1-34087
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52-1889548
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(Commission File Number)
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(IRS Employer Identification No.)
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1800 West Pasewalk Avenue, Suite 120
Norfolk, Nebraska
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68701
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(Address of Principal Executive Offices)
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(Zip Code)
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(301) 861-3305
(Registrant’s Telephone Number, Including Area Code)
(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):
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Written
communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading symbol
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Name of each exchange on which registered
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Common stock, par value $0.01 per share
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CDOR
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NYSE American
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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).
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Emerging
growth company ☐
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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. ☐
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Item 8.01. Other Events.
On December 4, 2020, Condor Hospitality Trust, Inc. (the
“Company”) announced that its Board of Directors (the
“Board”) has set January 18, 2021 as the date for the
Company’s special meeting (the “Meeting”) of the
shareholders. The purpose of the Meeting is to seek shareholder
approval of potential share issuances under NYSE American Company
Guide Rule 713. The time and location will be specified in the
Company’s proxy statement related to the Meeting. The Board also
set December 14, 2020 as the record date for the determination of
shareholders of the Company entitled to notice of and to vote at
the Meeting or any adjournments or postponement thereof.
Important Information About the Meeting and Where to Find It
IN CONNECTION WITH THE MEETING, THE COMPANY FILED A PRELIMINARY
PROXY STATEMENT WITH THE SEC AND WILL FILE AND PROVIDE A DEFINITIVE
PROXY STATEMENT TO ITS SHAREHOLDERS. THE COMPANY’S SHAREHOLDERS ARE
ADVISED TO READ THE PRELIMINARY PROXY STATEMENT AND ANY AMENDMENTS
THERETO AND, WHEN AVAILABLE, THE DEFINITIVE PROXY STATEMENT, IN
CONNECTION WITH THE COMPANY’S SOLICITATION OF PROXIES FOR THE
MEETING BECAUSE THESE DOCUMENTS CONTAIN IMPORTANT INFORMATION ABOUT
THE COMPANY AND THE BUSINESS TO BE PROPOSED AT THE MEETING.
SHAREHOLDERS WILL ALSO BE ABLE TO OBTAIN COPIES OF THE PRELIMINARY
PROXY STATEMENT, DEFINITIVE PROXY STATEMENT AND OTHER DOCUMENTS
FILED WITH THE SECURITIES AND EXCHANGE COMMISSION (“SEC”) BY
THE COMPANY, WITHOUT CHARGE, ONCE AVAILABLE, AT THE SEC’S WEB SITE
AT WWW.SEC.GOV, OR BY DIRECTING A REQUEST TO: CONDOR HOSPITALITY
TRUST, INC., 1800 WEST PASEWALK AVENUE, SUITE 120, NORFOLK, NE
68701, (402) 371-2520.
Participants in the Solicitation
THE COMPANY, ITS DIRECTORS AND CERTAIN OF ITS EXECUTIVE OFFICERS
WILL BE PARTICIPANTS IN THE SOLICITATION OF PROXIES FROM
SHAREHOLDERS IN CONNECTION WITH THE MEETING. A LIST OF THE NAMES OF
THOSE DIRECTORS AND EXECUTIVE OFFICERS AND A DESCRIPTION OF THEIR
INTERESTS IS CONTAINED IN THE COMPANY’S ANNUAL REPORT ON FORM 10-K
FOR THE FISCAL YEAR ENDED DECEMBER 31, 2019 AND IN THE COMPANY’S
DEFINITIVE PROXY STATEMENT FOR THE 2020 ANNUAL MEETING OF
SHAREHOLDERS, WHICH WERE BOTH FILED WITH THE SEC AND ARE AVAILABLE
FREE OF CHARGE AT THE SEC’S WEBSITE AT WWW.SEC.GOV, OR BY DIRECTING
A REQUEST TO CONDOR HOSPITALITY TRUST, INC., 1800 WEST PASEWALK
AVENUE, SUITE 120, NORFOLK, NE 68701, (402) 371-2520. ADDITIONAL
INFORMATION REGARDING THE INTERESTS OF PARTICIPANTS IN THE
SOLICITATION OF PROXIES IN CONNECTION WITH THE MEETING WILL BE
CONTAINED IN THE PRELIMINARY PROXY STATEMENT.
Forward-Looking Statement
This Current Report on Form 8-K may contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements include all
statements that are not historical facts, and in some cases, can be
identified by the use of forward-looking terminology such as “may”,
“will”, “expect”, “intend”, “anticipate”, “estimate”, “believe”,
“continue”, “project”, “plan”, the negative version of these words
or other similar expressions. Readers are cautioned not to
place undue reliance on any such forward-looking statements.
All forward-looking statements speak only as of the date hereof and
are based on current expectations and involve a number of
assumptions, risks and uncertainties that could cause the actual
results to differ materially from such forward-looking
statements. They are not guarantees of future performance and
involve risks and uncertainties that are difficult to control or
predict. Factors which could have a material adverse effect
on our operations and future prospects include, but are not limited
to, changes in economic conditions generally and the real estate
market specifically, legislative/regulatory changes (including
changes to laws governing the taxation of real estate investment
trusts), availability of capital, risks associated with debt
financing, interest rates, competition, supply and demand for hotel
rooms in our current and proposed market areas, policies and
guidelines applicable to real estate investment trusts, risks
related to uncertainty and disruption in global economic markets as
a result of COVID-19 (commonly referred to as the coronavirus), and
other risks and uncertainties described herein, and in our filings
with the SEC from time to time. These risks and uncertainties
should be considered in evaluating any forward-looking
statements.
The forward-looking statements represent the Company’s views as of
the date on which such statements were made. the Company
anticipates that subsequent events and developments may cause those
views to change. These forward-looking statements should not be
relied upon as representing the Company’s views as of any date
subsequent to the date hereof. The Company expressly
disclaims a duty to provide updates to forward-looking statements,
whether as a result of new information, future events or other
occurrences.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
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Exhibit
Number
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Description
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Press
Release, dated December 4, 2020
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SIGNATURES
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.
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Condor
Hospitality Trust, Inc.
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Date:
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December
4, 2020
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By:
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/s/ Jill
Burger
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Name:
Jill Burger
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Title:
Interim Chief Financial Officer and Chief Accounting Officer
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