NORFOLK, NE--(Marketwired - May 15, 2014) - Supertel Hospitality, Inc. (
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any security, nor shall there be any offer or sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. A registration statement relating to rights offering and the sale of common stock of Supertel has been filed by Supertel with the Securities and Exchange Commission, but has not yet become effective. The subscription rights may not be exercised or transferred nor may offers to exercise or transfer be accepted prior to the time the registration statement becomes effective. The offering of common stock of Supertel in the rights offering will be made only by means of a prospectus, which is a part of such registration statement. Supertel presently expects to distribute the subscription rights to its shareholders, including instructions on how to exercise the rights, as soon as practicable following the time the registration statement becomes effective.
About Supertel Hospitality, Inc.
Supertel Hospitality, Inc. (
Forward Looking Statement
Certain matters within this press release are discussed using forward-looking language as specified in the Private Securities Litigation Reform Act of 1995, and, as such, may involve known and unknown risks, uncertainties and other factors that may cause the actual results or performance to differ from those projected in the forward-looking statement. These risks are discussed in the Company's filings with the Securities and Exchange Commission.
Contact Information:
Contact:
Krista Arkfeld
Director of Corporate Communications
karkfeld@supertelinc.com