LuxUrban Hotels announces common stock offering, no amount given

LuxUrban Hotels announced the launch of a proposed public offering of shares of its common stock. Certain officers, directors, and holders of 5% or more of the company’s common stock and affiliates thereof may participate in the offering. The company intends to use the proceeds from the proposed public offering for working capital and other general corporate purposes. Alexander Capital is acting as sole book-running manager for the offering.