Oppenheimer initiated coverage on Ashford with a new price target
$AINC
Professional Services
Consumer Discretionary
Oppenheimer initiated coverage of Ashford with a rating of Outperform and set a new price target of $28.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/14/2022 | $28.00 | Outperform | Oppenheimer |
10-Q - Ashford Inc. (0001604738) (Filer)
15-12G - Ashford Inc. (0001604738) (Filer)
8-K - Ashford Inc. (0001604738) (Filer)
4 - Ashford Inc. (0001604738) (Issuer)
4 - Ashford Inc. (0001604738) (Issuer)
4 - Ashford Inc. (0001604738) (Issuer)
4 - Ashford Inc. (0001604738) (Issuer)
Oppenheimer initiated coverage of Ashford with a rating of Outperform and set a new price target of $28.00
DALLAS, July 31, 2024 /PRNewswire/ -- Ashford Inc. (NYSE:AINC) ("Ashford" or the "Company"), today announced that in connection with its previously announced plan to withdraw and delist its common stock from trading on the NYSE American LLC stock exchange (the "NYSE American") under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), the Company effected a 1-for-10,000 reverse stock split of the Company's common stock (the "Reverse Stock Split") followed immediately by a 10,000-for-1 forward stock split of the Company's common stock (the "Forward Stock Split," together with the Reverse Stock Split, the "Transaction"), on July 29, 2024 at 5:01 p.m. Eastern Time and 5:02 p.m.
COMPANY TO TERMINATE REGISTRATION OF ITS COMMON STOCK DALLAS, July 22, 2024 /PRNewswire/ -- Ashford Inc. (NYSE:AINC) ("Ashford" or the "Company"), today announced that at the Special Meeting of Stockholders held on July 22, 2024, the Company's stockholders voted to approve proposals to effect a 1-for-10,000 reverse stock split of the Company's common stock, which will be followed immediately by a 10,000-for-1 forward stock split, and to adopt a waiver on the prohibition on Rule 13e-3 transactions contained in Section 3.03 of the Investor Rights Agreement entered into as of November 6, 2019 by and among the Company, Archie Bennett, Jr., Monty J. Bennett and certain other parties. The last d
DALLAS, April 1, 2024 /PRNewswire/ -- Ashford Inc. (NYSE:AINC) ("Ashford" or the "Company") today announced that a Special Committee of independent and disinterested directors has recommended, and its Board of Directors has approved, a plan to terminate the registration of the Company's common stock under the federal securities laws following the completion of a proposed reverse stock split transaction (the "Reverse Stock Split") immediately followed by a forward stock split transaction and to delist its shares of common stock from trading on the NYSE American LLC (the "NYSE American") (the "Proposed Transaction"). It is expected that this plan would be initiated in the summer of 2024, subje