SECURITIES AND EXCHANGE COMMISSION
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): March 30, 2005
ASHFORD HOSPITALITY TRUST, INC.
MARYLAND | 001-31775 | 86-1062192 | ||
(State of Incorporation) | (Commission File Number) | (I.R.S. Employer | ||
Identification | ||||
Number) |
14185 Dallas Parkway, Suite 1100 | ||
Dallas, Texas | 75254 | |
(Address of principal executive offices) | (Zip code) |
Registrants telephone number, including area code: (972) 490-9600
Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
ITEM 7.01. REGULATION FD DISCLOSURE
On March 30, 2005, Ashford Hospitality Trust, Inc. (the Company) announced it has commenced a follow-on public offering of 5,000,000 shares of common stock. Wachovia Securities and Friedman Billings Ramsey are the book-running managers of the offering and A.G. Edwards, Legg Mason Wood Walker, Incorporated, and Stifel, Nicolaus & Company, Incorporated are co-managers. The underwriters will have a 30-day option to purchase an additional 750,000 shares of common stock from the Company to cover over-allotments. The offering proceeds to the Company will be used for general corporate purposes which may include the acquisition of additional hotel investments. The press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(b) |
Exhibits | |||
99.1 Press Release of the Company, dated March 30, 2005, announcing the commencement of a follow-on public offering of common stock. |
SIGNATURE
Pursuant to the requirements of Section 12 of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: March 30, 2005
ASHFORD HOSPITALITY TRUST, INC. |
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By: | /s/ DAVID A. BROOKS | |||
David A. Brooks | ||||
Chief Legal Officer | ||||