UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


 

 

 

 

 

 

 

FORM 8-K

 

 

 

 

 

 

 

CURRENT REPORT

 

 

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 11, 2012

 

 

 

 

 

 

 

APPLE REIT NINE, INC.

(Exact name of registrant as specified in its charter)

 

 

 

 

 

 


 

 

 

Virginia

000-53603

26-1379210

(State or other jurisdiction

(Commission File Number)

(I.R.S. Employer

of incorporation)

 

Identification Number)


 

 

 

814 East Main Street, Richmond, Virginia

 

23219

(Address of principal executive offices)

 

(Zip Code)

(804) 344-8121
(Registrant’s telephone number, including area code)

 

 

 

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

 

o

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

o

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

o

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

o

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




 

 

 

Item 8.01. Other Events.

          Apple REIT Nine, Inc. (the “Company”) announced today that UBS Securities LLC has been retained as exclusive financial advisor to the special committee of the board of directors of the Company to assist the committee in its previously announced evaluation of a potential consolidation transaction in which the Company, Apple REIT Six, Inc. Apple REIT Seven, Inc. and Apple REIT Eight, Inc. would be combined, which consolidation transaction could also include a listing of the stock of the combined enterprise for trading on a national exchange at the time of such combination or at a future date.

          The Company has not made a decision to pursue any particular transaction, and there can be no assurance that the evaluation of a potential consolidation transaction will result in such transaction being accomplished, or that the potential consolidation transaction or any other strategic alternative will be pursued. The Company has not set a timetable for completion of the evaluation process. The Company does not expect to comment further unless and until its board of directors has approved a specific transaction, or it otherwise deems further disclosure is appropriate or required by law.


SIGNATURES

          Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

Apple REIT Nine, Inc.

 

 

 

 

By

:  /s/ Glade M. Knight

 

 

 

 

 

   Glade M. Knight, Chief Executive Officer

 

 

 

 

 

   January 11, 2012