Notes Rampant Use of Terms 'Related Party' and 'Conflicts of Interest' Suggests Braemar's Massive Stock Price Decline Today is Justified NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC ("Blackwells"), a shareholder of Braemar Hotels & Resorts Inc. ("Braemar" or the "Company") (NYSE:BHR), commented on the filing of Braemar's Definitive Proxy Statement (the "Definitive Proxy") with the Securities and Exchange Commission (the "SEC") today. Jason Aintabi, Chief Investment Officer of Blackwell ...

Notes Rampant Use of Terms 'Related Party' and 'Conflicts of Interest' Jason Aintabi, Chief Investment Officer of Blackwells, said: 1. "…our Board has focused on selecting experienced board candidates who will work together constructively with a focus on operational excellence, financial strength, and the growth of stockholder value." 4. "Mr. Bennett is uniquely qualified to serve as a director of the Company and as the Chairman of the Board." If you have any questions about voting your proxy or need replac ...

Braemar Hotels & Resorts is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts. Braemar plans to issue its earnings release for the second quarter after the market closes on Wednesday, July 31, 2024, and will host a conference call on Thursday, August 1, 2024, at 11:00 a.m. ET. The number to call for this interactive teleconference is (646) 960-0284. A replay of the conference call will be available through Thursday, August 8, 2024, by dialing (609) 800-9909 and entering ...

Urges Shareholders to Vote FOR Blackwells' Nominees and Proposals Jason Aintabi, Chief Investment Officer of Blackwells, said: Blackwells calls out Mr. Bennett's fictions.. (again..): Blackwells urges all Braemar shareholders to vote their proxy on the WHITE universal proxy card "FOR" each of the Blackwells nominees and the Blackwells proposals. Blackwells recommends shareholders vote "AGAINST" Braemar's executive compensation resolution. Blackwells also encourages shareholders to review Blackwells' materia ...

Highlights Mr. Bennett's Expertise in Shareholder Value Extraction Urges Shareholders to Vote FOR Blackwells' Nominees and Proposals NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC ("Blackwells"), a shareholder of Braemar Hotels & Resorts Inc. ("Braemar" or the "Company") (NYSE: BHR), responded to a press release issued by Braemar today. Jason Aintabi, Chief Investment Officer of Blackwells, said: "If Mr. Bennett really 'takes his responsibility to protect the best interests of shareholde ...

Introduces www.ExpelBlackwells.com to Provide Shareholders the Facts About Blackwells' Misleading and Confusing "Campaign" to Defame Braemar Encourages Shareholders to Ignore the Noise and Discard the White Proxy Card Monty J. Bennett, Founder & Chairman of Braemar, stated: "We take our responsibility to protect the best interests of our shareholders extremely seriously. That is why we have launched this resource to help our shareholders get the facts about Blackwells and its "campaign" – which from the sta ...

Urges Shareholders to Vote FOR Blackwells' Nominees and Proposals The recent developments at Ashford Hospitality Trust have raised significant concerns. The reappointment of Monty Bennett and Kamal Jafarnia by Ashford Hospitality board, despite their prior defeat, highlights entrenched directorship and reinforces our concerns about the governance integrity of Braemar. These actions at Ashford Hospitality not only question the independence and accountability of its board but also raises serious questions abo ...

Applauds Support for Blackwells' Campaign from Other Braemar Shareholders In addition, Braemar's second largest shareholder recently disclosed a June 3, 2024 email that it sent to Monty Bennett. The email calls for the termination of the external management agreement with Ashford and for the replacement of members of the Board. A copy of this letter can be found at https://www.sec.gov/Archives/edgar/data/1574085/000139834424011207/fp0088636-1_ex3.htm. | --- | |----------------------------------------------- ...

Warns That Blackwells Will Seek to Recover All Improper Expenditures by Mr. Bennett and the Board Invites Shareholders to Visit www.NoMoreMonty.com for More Information on Blackwells' Campaign NEW YORK, May 20, 2024 (GLOBE NEWSWIRE) -- Blackwells Capital LLC ("Blackwells"), a shareholder of Braemar Hotels & Resorts Inc. ("Braemar" or the "Company") (NYSE:BHR), today released a presentation entitled "The Buffoonery of Monty Bennett", which may be found at https://nomoremonty.com/letters- presentations/. Jaso ...

Blackwells Highlights Braemar's Overt Support of Ashford's Entrenchment Tactics Blackwells Will Hold Braemar Board and Monty Bennett to Account for Unprecedented Destruction of Shareholder Value at Braemar NEW YORK, May 15, 2024 (GLOBE NEWSWIRE) -- On May 14, 2024, Braemar Hotels & Resorts Inc. ("Braemar") (NYSE:BHR) issued a bizarre press congratulating Ashford's "victory" after stockholders voted out Chairman Monty J. Bennett and director Kamal Jafarnia, and both directors were forced to tender their resi ...