MIAMI, July 16, 2024 (GLOBE NEWSWIRE) -- LuxUrban Hotels Inc. ("LuxUrban" or the "Company") (NASDAQ:LUXH), which secures long-term operating rights for entire hotels through Master Lease Agreements (MLA) under which it manages the hotel and rents out, on a short-term basis, rooms to business and vacation travelers, today announced the closing of its underwritten public offering of 30,000,000 shares of common stock at a public offering price of $0.17 per share. The gross proceeds from the offering, before un ...