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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

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): August 14, 2024

 

Commission File Number 1-07062

 

INNSUITES HOSPITALITY TRUST

(Exact name of registrant as specified in its charter)

 

Ohio   34-6647590

(State or other jurisdiction

of incorporation or organization)

 

(I.R.S. Employer

Identification Number)

 

InnSuites Hospitality Centre

1730 E. Northern Avenue, Suite 122

Phoenix, AZ 85020

(Address of principal executive offices)

 

Registrant’s telephone number, including area code: (602) 944-1500

 

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:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Shares of beneficial interest without par value   IHT   NYSE-American

 

 

 

 

 

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

 

At the 2024 Annual Meeting of Shareholders of InnSuites Hospitality Trust held on August 14, 2024, 7,505,754 shares were present in person or by proxy, which represented a quorum. Set forth below are the final voting results for the proposals submitted to a vote of the shareholders.

 

Election of Trustees:

 

Nominee  Votes For   Votes Against   Abstentions 
Marc E. Berg   7,133,931    50,319    321,664 
Michael G. Marchi   7,170,276    11,224    324,524 

 

Ratification of the BCRG Group as the InnSuites Hospitality Trust Independent Registered Public Accountants:

 

Nominee  Votes For   Votes Against   Abstentions 
Ratification of the BCRG Group   7,481,077    13,899    10,778 

 

Approval for Limited Personal Liability of all Trustees and Officers of IHT:

 

Nominee  Votes For   Votes Against   Abstentions 
Approval of Trustee/Officer Limited Liability   6,715,851    390,321    399,582 

 

On August 14, 2024, the Shareholders of the Trust approved the ratification of the BCRG Group as the Independent Registered Public Accountants for InnSuites Hospitality Trust. Also on August 14, 2024, the Shareholders of the Trust approved limiting the personal liability of all Trustees and Officers of InnSuites Hospitality Trust for all years both current and previous. The Trustee Nominees for the 2025 Annual Shareholder Meeting will be James F. Wirth, and Leslie T. Kutasi.

 

Item 8.01 Other Events.

 

The Board of Trustees for InnSuites Hospitality Trust announced a semi-annual Dividend Declaration of $0.01 per share, which was paid on July 31, 2023, to shareholders of record as of July 17, 2024. This announcement continues an uninterrupted 54-year history of annual dividends. InnSuites hotel operations remain strong.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibit.

 

104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

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.

 

  InnSuites Hospitality Trust
     
  By: /s/ James F. Wirth
    James F. Wirth
    Chairman and Chief Executive Officer
     
Date: August 19, 2024    

 

 

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
     
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

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Aug. 14, 2024
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Entity File Number 1-07062
Entity Registrant Name INNSUITES HOSPITALITY TRUST
Entity Central Index Key 0000082473
Entity Tax Identification Number 34-6647590
Entity Incorporation, State or Country Code OH
Entity Address, Address Line One InnSuites Hospitality Centre
Entity Address, Address Line Two 1730 E. Northern Avenue
Entity Address, Address Line Three Suite 122
Entity Address, City or Town Phoenix
Entity Address, State or Province AZ
Entity Address, Postal Zip Code 85020
City Area Code (602)
Local Phone Number 944-1500
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Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Shares of beneficial interest without par value
Trading Symbol IHT
Security Exchange Name NYSE

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