On May 2, 2024, Blackwells Capital LLC announced that in connection with its nomination of 4 candidates, Jennifer M. Hill, Betsy L. McCoy, Steven J. Pully, and Michael Cricenti, for election to the board of directors of Braemar Hotels & Resorts Inc. at the Company?s 2024 annual meeting of shareholders scheduled to be held on July 30, 2024, released a letter to its fellow Braemar shareholders.