Yahoo · Aug 31, 2026
IHT ADDS $3 MILLION IN EQUITY AND REDUCES DEBT TO STRENGTHEN BALANCE SHEET; REVERSE MERGER DISCUSSIONS CONTINUE
Phoenix, AZ, Aug. 31, 2026 (GLOBE NEWSWIRE) -- InnSuites Hospitality Trust (NYSE American: IHT) announced today that it has completed a Debt-to-Equity Conversion of $3 Million on August 19, 2026. This was the first step in aiding the Trust to once again regain compliance with the continued listing standard set forth in Section 1003(a)(i) of the NYSE American Company Guide. As a result of the Conversion, IHT Total Equity once again exceeded the minimum required amount of $2 Million, with a Total

