8-K
INNSUITES HOSPITALITY TRUST (IHT)
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<br> or other jurisdiction<br><br> <br>of<br> incorporation or organization) | (I.R.S.<br> Employer<br><br> <br>Identification<br> Number) |
InnSuitesHospitality Centre
1730E. 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<br> communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
|---|---|---|
| ☐ | Soliciting<br> material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| ☐ | Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| ☐ | Pre-commencement<br> 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 |
Item5.07 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.
Electionof 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 |
Ratificationof 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 |
Approvalfor 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.
Item8.01 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.
Item9.01 Financial Statements and Exhibits.
(d) Exhibit.
| 104 | Cover<br> 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<br> F. Wirth | ||
| Chairman<br> and Chief Executive Officer | ||
| Date:<br> August 19, 2024 |
EXHIBIT
INDEX
| Exhibit No. | Description |
|---|---|
| 104 | Cover<br> Page Interactive Data File (embedded within the Inline XBRL document) |