InnSuites Hospitality Trust Gets NYSE American Listing Extension to Dec 2027

What happened

InnSuites Hospitality Trust, a Phoenix-based real estate investment trust that trades on NYSE American under the ticker IHT, said in an 8-K filing dated September 11, 2026 that it received written notice from NYSE American on September 10, 2026 that the exchange accepted the compliance plan the Trust submitted.

According to the filing, the accepted plan grants the Trust a plan period running through December 24, 2027. The Trust said it is not currently in compliance with NYSE American continued listing standards, but its listing is being continued under the extension while NYSE Regulation staff reviews the company periodically against the initiatives in the plan.

The filing states the notice has no immediate effect on the listing or trading of the Trust's shares of beneficial interest on NYSE American, subject to compliance with the exchange's other continued listing requirements.

Shares closed at $1.30 on the event date, down 2.99% from the prior close of $1.34, according to the price data.

What the company says it is doing

The filing says the Trust is taking steps intended to increase stockholders' equity and support continued listing compliance. It says that on August 19, 2026 it increased stockholders' equity by $3 million as one step toward returning to compliance.

The filing says the Trust expects its efforts may include one or more of the following, subject to approvals and conditions: capital-raising transactions, debt or capitalization restructuring, strategic transactions, reduction or deferral of certain cash uses, and operational initiatives intended to improve hotel gross operating profits.

The filing says any such actions remain subject to board or committee approval, accounting confirmation, NYSE American requirements, securities law compliance and other conditions.

The filing also states there can be no assurance that any proposed transaction or initiative will be completed, that the Trust will maintain compliance within the plan period, or that it will remain in compliance with other NYSE American continued listing standards.

What this means

An 8-K is the form a US public company files with the Securities and Exchange Commission to report material events between its quarterly and annual reports. Item 3.01 of the form is specifically for notice of a delisting or a failure to satisfy a continued listing rule or standard.

Continued listing standards are the minimum requirements an exchange sets for a company's stock to keep trading there. NYSE American's standards include minimum levels of stockholders' equity, among other tests. The filing does not state which specific standard the Trust failed to meet.

When a company falls below a continued listing standard, it can submit a compliance plan describing how it intends to regain compliance. If the exchange accepts the plan, the company's listing continues during a defined plan period instead of being suspended. That is what happened here: the plan was accepted, and the deadline is December 24, 2027.

If the company is not in compliance by the plan period deadline, or if NYSE Regulation staff conclude the company is not making progress consistent with the plan, the filing says staff could initiate delisting proceedings. The filing says the company may appeal a staff delisting determination under Section 1010 and Part 12 of the NYSE American Company Guide.

Shares of beneficial interest are how a real estate investment trust issues ownership. A REIT is a company that owns income-producing real estate and that elects a tax structure allowing it to avoid corporate-level federal income tax if it distributes most of its taxable income to shareholders. InnSuites' filing lists its shares of beneficial interest as the security registered on NYSE American.

The equity increase the Trust describes is one of the inputs a continued listing test can measure, since stockholders' equity is the difference between a company's assets and its liabilities. The filing does not break down how the $3 million increase was achieved.

What is not explained

The filing does not say which NYSE American continued listing standard the Trust failed to meet, nor does it disclose the specific deficiency amount that triggered the notice.

It does not state when the initial noncompliance notice was issued or when the compliance plan was submitted. It also does not quantify the effect of any of the actions listed as possible next steps.