Blackwells Releases Second Presentation to Fellow Ashford Hospitality Trust, Inc. Stockholders, Which is Available at www.montymustgo.com/letters-presentations
08 Maggio 2024 - 11:03PM
Blackwells Capital LLC and Blackwells Onshore I LLC (together,
“Blackwells”) collectively own 1,000 shares of Ashford Hospitality
Trust, Inc. (“Ashford” or the “Company”) (NYSE: AHT). In connection
with its campaign urging stockholders to vote “AGAINST” the
election of Monty J. Bennett, Amish Gupta,
J. Robison Hays, III, Kamal Jafarnia, David
W. Johnson, Frederick J. Kleisner, Sheri
L. Pantermuehl, Davinder “Sonny” Sra and Alan
L. Tallis
to the Company’s Board of
Directors (the “Board”) at the Company’s 2024 annual meeting of
stockholders (the “2024 Annual Meeting”), which is scheduled to be
held on May 14, 2024, today released a presentation to fellow
stockholders available at
www.montymustgo.com/letters-presentations.
In its presentation entitled “Meet the
Shareholder Value Destroyers” Blackwells exposes the Board’s lack
of alignment with stockholders, its poor corporate governance
practices and its collection of unfit directors, who we believe
have directly contributed to the massive destruction of value
suffered by Ashford stockholders.
Jason Aintabi, Chief Investment Officer of
Blackwells Capital LLC, said:
“In our view, the Board of Ashford is unfit and
incapable of acting as independent fiduciaries for stockholders.
Ashford has a policy that requires any directors who receive less
than a majority of ‘for’ votes to immediately tender their
resignation. We believe that, following the 2024 Annual Meeting,
the failure for any director to abide by this policy—and for the
Board to fail to accept such resignation—would be a disservice to
all stockholders and would make a mockery of shareholder rights. We
continue to urge our fellow stockholders to send a clear message to
the Board by voting ‘AGAINST’ the election of the incumbent
directors at the 2024 Annual Meeting.”
About Blackwells Capital
Blackwells Capital was founded in 2016 by Jason
Aintabi, its Chief Investment Officer. Since that time, it has made
investments in public securities, engaging with management and
boards, both publicly and privately, to help unlock value for
stakeholders, including stockholders, employees and communities.
Throughout their careers, Blackwells’ principals have invested
globally on behalf of leading public and private equity firms and
have held operating roles and served on the boards of media,
energy, technology, insurance and real estate enterprises. For more
information, please visit www.blackwellscap.com.
Contacts
StockholdersMacKenzie Partners, Inc.Toll Free: +1 (800)
322-2885proxy@mackenziepartners.com
MediaGagnier CommunicationsDan Gagnier & Riyaz
Lalani646-569-5897blackwells@gagnierfc.com
IMPORTANT ADDITIONAL INFORMATION
Blackwells Capital LLC, Blackwells Onshore I
LLC, and Jason Aintabi (collectively, the “Participants”) are
participants in the solicitation of proxies from the stockholders
of the Company for the 2024 Annual Meeting. On May 2, 2024, the
Participants filed with the SEC their definitive proxy statement
and accompanying GOLD proxy card in connection
with their solicitation of proxies from the stockholders of the
Company.
ALL STOCKHOLDERS OF THE COMPANY ARE
ADVISED TO READ THE DEFINITIVE PROXY STATEMENT, THE
ACCOMPANYING GOLD PROXY CARD AND
OTHER DOCUMENTS RELATED TO THE SOLICITATION OF PROXIES BY THE
PARTICIPANTS, AS THEY CONTAIN IMPORTANT INFORMATION, INCLUDING
ADDITIONAL INFORMATION RELATED TO THE PARTICIPANTS AND THEIR DIRECT
OR INDIRECT INTERESTS IN THE COMPANY, BY SECURITY HOLDINGS OR
OTHERWISE.
The definitive proxy statement and an
accompanying GOLD proxy card will be furnished to
some or all of the Company’s stockholders and are, along with other
relevant documents, available at no charge on the SEC’s website at
http://www.sec.gov/. In addition, the Participants will provide
copies of the definitive proxy statement without charge, upon
request. Requests for copies should be directed to Blackwells.
Grafico Azioni Ashford Hospitality (NYSE:AHT)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni Ashford Hospitality (NYSE:AHT)
Storico
Da Gen 2024 a Gen 2025