InnSuites Hospitality Trust
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $14.9M
- Price
- $1.58
- % Change (Daily % change from the live per-ticker quote feed.)
- -2.47%
- Volume
- 16.9K
About
InnSuites Hospitality Trust (IHT), an unincorporated Ohio business trust headquartered in Phoenix, Arizona, commenced trading on the NYSE American in 1971. This entity focuses on the ownership and management of hotels operating under its InnSuites Hotels brand. For over forty years, InnSuites® Hotels and Suites, a trademark wholly owned by IHT, has engaged in real estate and hotel ownership, in addition to providing comprehensive hotel services including management, branding, and reservation systems. The company has established itself as an innovator by consistently addressing guest needs and foreseeing demands within the hotel membership sector.
Quick stats
Shares outstanding9.4M
Computed float3.0M
Float / shares31.9%
Key info
SectorReal Estate
IndustryREIT - Hotel & Motel
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0000082473
AI Summary
AI-generated1/7
majorbearishregulatory
INNSUITES HOSPITALITY TRUST ANNOUNCES NYSE AMERICAN NOTICE AND PLANNED COMPLIANCE INITIATIVES; REVERSE MERGER DISCUSSIONS CONTINUE
InnSuites Hospitality Trust received a non-compliance notice from NYSE American due to a stockholders' deficit of approximately $921,921 and recent losses, requiring the company to submit a plan to regain compliance by July 2026.
To address the deficiency and meet the $2.0 million equity requirement, the Trust is evaluating actions to increase equity by $3.0 million to $3.3 million, including potential debt-to-equity conversions, capital raising, or a reverse merger.
The company reported combined hotel revenue of $2.9 million for the first four months of fiscal 2027, citing operational improvements and real estate asset values as key factors in its compliance strategy.
Red flags
- Stockholders' deficit of nearly $922,000 triggers delisting warning
- Ticker will receive '.BC' suffix indicating non-compliance
- Compliance plan relies on uncertain strategic alternatives like reverse merger
- Two of last three fiscal years reported net losses