Cygnus Capital, Inc. (together with its affiliates, “Cygnus” or “we”), which collectively with the other participants in its solicitation beneficially owns approximately 2.8% of the outstanding shares of common stock of Ashford Hospitality Trust, Inc. (NYSE: AHT) ("AHT" or the “Company”), including 40,000 shares of common stock underlying certain call options, and a significant portion of each of the outstanding series of preferred stock, today issued the below letter to stockholders regarding its decision to nominate five highly-qualified and independent candidates for election to AHT’s eight-member Board of Directors at the Company’s 2021 Annual Meeting of Stockholders. In addition, Cygnus launched www.RenovateAshford.com to provide stockholders access to further information and future updates pertaining to its campaign.
Cygnus Capital Nominates Five Highly-Qualified Candidates for Election to Ashford Hospitality Trust's Board
Jan 05, 2021
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