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Ashford to Ring New York Stock Exchange Opening Bell

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Ashford announced that its management will ring the NYSE Opening Bell on October 13, 2021, coinciding with its 2021 Investor & Analyst Day. The event will feature live television coverage starting at 9:30 a.m. ET. Ashford specializes in global asset and investment management for real estate and hospitality. The company also cautioned investors about forward-looking statements regarding its future performance, highlighting risks like COVID-19 impacts, SEC investigation outcomes, and compliance with NYSE standards.

Positive
  • Management will ring the NYSE Opening Bell, potentially increasing visibility and investor interest.
  • The event aligns with the 2021 Investor & Analyst Day, likely aimed at strengthening investor relations.
Negative
  • Risks from COVID-19 could affect business operations and strategy.
  • Ongoing SEC investigation may create uncertainty regarding future performance.
  • Compliance with NYSE continued listing standards is not guaranteed.

DALLAS, Oct. 12, 2021 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") announced today that the Company's management team will ring the New York Stock Exchange's Opening Bell on Wednesday, October 13, 2021, in conjunction with its 2021 Investor & Analyst Day.

In addition to live television coverage, the Opening Bell will ring at 9:30 a.m. ET and a live webcast can be accessed on the home page of the New York Stock Exchange at https://www.nyse.com/bell.

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Ashford provides global asset management, investment management and related services to the real estate and hospitality sectors.

Forward-Looking Statements

Certain statements and assumptions in this press release contain or are based upon "forward-looking" information and are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release include, among others, statements about the Company's strategy and future plans. These forward-looking statements are subject to risks and uncertainties. When we use the words "will likely result," "may," "anticipate," "estimate," "should," "expect," "believe," "intend," or similar expressions, we intend to identify forward-looking statements. Such statements are subject to numerous assumptions and uncertainties, many of which are outside Ashford Inc.'s control.

These forward-looking statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated, including, without limitation: the impact of COVID-19, including one or more possible recurrences of COVID-19 case surges that would cause state and local governments to reinstate travel restrictions and the rate of adoption and efficacy of vaccines to prevent COVID-19, on our business and investment strategy; our ability to continue as a going concern; the timing and outcome of the Securities and Exchange Commission's investigation; our ability to maintain compliance with NYSE American LLC continued listing standards; our ability to regain Form S-3 eligibility; our ability to repay, refinance or restructure our debt and the debt of certain of our subsidiaries; anticipated or expected purchases or sales of assets; our projected operating results; completion of any pending transactions; our understanding of our competition; market trends; projected capital expenditures; the impact of technology on our operations and business; general volatility of the capital markets and the market price of our common stock and preferred stock; availability, terms and deployment of capital; availability of qualified personnel; changes in our industry and the markets in which we operate, interest rates or the general economy; and the degree and nature of our competition. These and other risk factors are more fully discussed in the Company's filings with the Securities and Exchange Commission.

The forward-looking statements included in this press release are only made as of the date of this press release. Such forward-looking statements are based on our beliefs, assumptions, and expectations of our future performance taking into account all information currently known to us. These beliefs, assumptions, and expectations can change as a result of many potential events or factors, not all of which are known to us. If a change occurs, our business, financial condition, liquidity, results of operations, plans, and other objectives may vary materially from those expressed in our forward-looking statements. You should carefully consider this risk when you make an investment decision concerning our securities. Investors should not place undue reliance on these forward-looking statements. The Company can give no assurance that these forward-looking statements will be attained or that any deviation will not occur. We are not obligated to publicly update or revise any forward-looking statements, whether as a result of new information, future events or circumstances, changes in expectations, or otherwise, except to the extent required by law.

Cision View original content:https://www.prnewswire.com/news-releases/ashford-to-ring-new-york-stock-exchange-opening-bell-301398603.html

SOURCE Ashford Inc.

FAQ

When will Ashford ring the NYSE Opening Bell?

Ashford will ring the NYSE Opening Bell on October 13, 2021.

What time is the NYSE Opening Bell for Ashford?

The NYSE Opening Bell for Ashford is scheduled for 9:30 a.m. ET.

What is the significance of Ashford ringing the NYSE Opening Bell?

Ringing the NYSE Opening Bell enhances visibility and engagement with investors.

What industry does Ashford operate in?

Ashford operates in global asset management, specifically for real estate and hospitality.

What risks are associated with Ashford's future performance?

Key risks include COVID-19 impacts, SEC investigation uncertainties, and NYSE compliance issues.

Ashford Inc.

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