AI English summary of an SEC filing — figures as filed
Host Hotels & Resorts HSTHost Hotels & Resorts said on May 27, 2026 it entered into an amendment to the Distribution Agreement with the Agents, dated May 31, 2023.
Key points
AI summaryHost Hotels & Resorts said on May 27, 2026 it entered into an amendment to the Distribution Agreement with the Agents, dated May 31, 2023.
The company said the amendment extended the expiration date of the Distribution Agreement from May 31, 2026, with the new expiration date to be the earlier of the sale of Shares having an aggregate offering price of $600 million, termination by the company in its sole discretion, or termination by the Agents in their sole discretion.
Host Hotels & Resorts said that pursuant to the Distribution Agreement, the company or any Forward Seller may offer and sell, from time to time, shares of the company's common stock, $0.01 par value per share, having a combined aggregate offering price of up to $600 million, and that the company has not sold any Shares under the Distribution Agreement to date.
The company said the amendment updated the settlement date for shares offered and sold to the next business day (T+1) to conform to changes in the settlement cycle since the Distribution Agreement was entered into in 2023. It added that no other changes were made to the terms of the Distribution Agreement.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Amendment to Distribution Agreement on May 27, 2026
Host Hotels & Resorts said on May 27, 2026 it entered into an amendment to the Distribution Agreement with the Agents, dated May 31, 2023.
Source · Based on the filing body and exhibits
Extension of Expiration Date
The company said the amendment extended the expiration date of the Distribution Agreement from May 31, 2026, with the new expiration date to be the earlier of the sale of Shares having an aggregate offering price of $600 million, termination by the company in its sole discretion, or termination by the Agents in their sole discretion.
Source · Based on the filing body and exhibits
Common Stock Offering Program up to $600 million
Host Hotels & Resorts said that pursuant to the Distribution Agreement, the company or any Forward Seller may offer and sell, from time to time, shares of the company's common stock, $0.01 par value per share, having a combined aggregate offering price of up to $600 million, and that the company has not sold any Shares under the Distribution Agreement to date.
Source · Based on the filing body and exhibits
Settlement Date Changed to T+1; Other Terms Unchanged
The company said the amendment updated the settlement date for shares offered and sold to the next business day (T+1) to conform to changes in the settlement cycle since the Distribution Agreement was entered into in 2023. It added that no other changes were made to the terms of the Distribution Agreement.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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