Acrophyte Hospitality Trust announced on Feb, 23 2026 that its previously disclosed strategic review remains in progress and that it continues to engage with its sponsor, Tang Organization, on a potential transaction involving the stapled securities.

The managers emphasized that no definitive agreement has been reached and there is no certainty that any transaction will materialise. They stated that further announcements will be made in accordance with Singapore Exchange listing requirements should any material developments arise.

Stapled securityholders were advised to exercise caution when dealing in their securities and to seek professional advice if in doubt. Acrophyte Hospitality Trust’s portfolio comprises 32 upscale select-service hotels with 4,188 rooms across 17 U.S. states.