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IHT 8-K: Material agreement

Filed with the SEC on · accession 0001493152-26-039352

IHT filed a 8-K (current report) with the SEC on Aug 20, 2026. InnSuites Hospitality Trust converted $3,000,000 of debt owed to affiliate Rare Earth Financial, LLC into 1,829,268 shares of common stock at $1.64 per share, eliminating the revolving line of credit balance. The stock moved -3.7% by the first close after the filing.

Summary of the filing

InnSuites Hospitality Trust converted $3,000,000 of debt owed to affiliate Rare Earth Financial, LLC into 1,829,268 shares of common stock at $1.64 per share, eliminating the revolving line of credit balance. The company also reported record July hotel revenue of $597,323 and first-half fiscal 2027 revenue exceeding $4.1 million.

For details, click here →How to read a 8-K →

Key details

Debt converted to equity$3.0M
Shares issued in debt conversionshares 1.8M
Conversion price per share$2
Record July revenue for two hotels$597K
Fiscal first half 2027 total revenues$4.1M
Registrant/issuerInnSuites Hospitality Trust
Affiliate creditor converting debt to equityRare Earth Financial, LLC
Chairman and chief executive officerJames F. Wirth

How IHT stock reacted

Close before

$1.62

Aug 19, 2026

First close after

-3.70%

$1.56

5 trading days

-14.20%

$1.39

Since filing

-38.27%

$1.00

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Frequently asked questions

What did IHT file with the SEC on Aug 20, 2026?

IHT filed a 8-K (Material agreement). InnSuites Hospitality Trust converted $3,000,000 of debt owed to affiliate Rare Earth Financial, LLC into 1,829,268 shares of common stock at $1.64 per share, eliminating the revolving line of credit balance. The company also reported record July hotel revenue of $597,323 and first-half fiscal 2027 revenue exceeding $4.1 million.

What does a material agreement mean for IHT stock?

A contract important enough that investors need to know about it — a big customer contract, a loan, a merger agreement or a partnership.

How do I read a 8-K?

A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

How did IHT stock react to this filing?

IHT closed at $1.62 before the filing and $1.56 on Aug 20, 2026 (-3.70%). Five trading days later: $1.39 (-14.20%).

Other IHT SEC filings

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