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News releases from Cygnus Capital, Inc.

Cygnus Capital Addresses Ashford Hospitality Trust’s Latest Attempt to Undermine Corporate Democracy
Cygnus Capital, Inc. (together with its affiliates, “Cygnus” or “we”), which collectively with the other participants in its solicitation beneficially owns approximately 2.7% of the outstanding shares... 
Tickers AHT
From Business Wire News Releases
Cygnus Capital Nominates Five Highly-Qualified Candidates for Election to Ashford Hospitality Trust’s Board
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... 
Tickers AHT CDLX JILL PNC
From Business Wire News Releases
Cygnus Capital, Inc. Responds to Recent Amendments to Exchange Offers of Ashford Hospitality Trust, Inc. and Conclusion of the Special Meeting
- Pleased that the proposal to amend AHT's corporate charter, which would have forced the conversion of all preferred stock into common stock, has failed and that the AHT Board has agreed to conclude... 
Tickers AHT
From PR Newswire
Cygnus Capital, Inc. Calls Upon Ashford Hospitality Trust, Inc. to Terminate Highly Dilutive Exchange Offers and Seek Alternate Means of Restructuring
- Maintains the exchange offers of preferred stock into common stock do little to improve AHT's immediate liquidity needs, while insiders continue to drain AHT's cash through questionable fee... 
Tickers AHT
From PR Newswire
Cygnus Capital, Inc. Calls Upon Ashford Hospitality Trust, Inc. to Terminate Highly Dilutive Exchange Offers After Special Meeting Is Adjourned Due to Failure to Receive Enough Votes to Approve the Ch
- Despite scare tactics, last minute changes to the exchange offers, obtuse communications and a lack of transparency about the health of AHT, it appears holders of only ~40.7% of outstanding shares of... 
Tickers AHT
From PR Newswire
Cygnus Capital, Inc. Calls Out Ashford Hospitality Trust, Inc.'s Board for Removing Approval of Charter Amendment as a Condition to Highly Dilutive and Unnecessary Exchange Offers
Urges Stockholders to hold Board Accountable and Vote Against Both Proposals at Special Meeting 
Tickers AHT
From PR Newswire
Recent Forbearance Agreements at Ashford Hospitality Trust, Inc. and Newly Released Data Showing Hospitality Industry Conditions Are Improving, Reinforce Cygnus Capital, Inc.'s View that AHT's Highly
- AHT has loan forbearance or modification agreements in place for approximately 69% of its current outstanding mortgage debt balance. 
Tickers AHT
From PR Newswire
Reports Issued By Industry Analysts and Proxy Advisory Firm ISS Call into Question Rationale of Ashford Hospitality Trust, Inc.'s Proposed ~94% Dilutive Exchange Offers
- Wall Street consensus estimates for AHT call for $1.0 billion of revenue in 2021 and $1.23 billion by 2022. 
Tickers AHT
From PR Newswire
Cygnus Capital, Inc. Continues to Urge Common Stockholders to Vote AGAINST All Proposals at Ashford Hospitality Trust, Inc.'s Upcoming Special Meeting of Stockholders to Prevent Massive Dilution By ~9
- Argues AHT's Manager, Ashford, Inc., is Conflicted and Not Aligned with AHT Common Stockholders 
Tickers AHT
From PR Newswire
Cygnus Capital, Inc. Issues Open Letter To Stockholders Of Ashford Hospitality Trust, Inc.
- Strongly Opposes AHT's Recently Launched Exchange Offers of Preferred Stock for Common Stock that Will Dilute Common Stockholders by ~94% 
Tickers AHT
From PR Newswire
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