Page 11 - Apple REIT 9 2008 Annual Report
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K
x
Annual report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934
For the fiscal year ended December 31, 2008
o
Transition report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934
Commission File Number 333-147414
APPLE REIT NINE, INC.
(Exact name of registrant as specified in its charter)
VIRGINIA
26-1379210
(State of Organization)
(I.R.S. Employer 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)
Securities registered pursuant to Section 12 (b) of the act: None
Securities registered pursuant to Section 12 (g) of the Act:
Units (Each Unit is equal to one common share, no par value and one Series A preferred share)
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes
o
No
x
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes
o
No
x
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90 days. Yes
x
No
o
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will
not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part
III of this Form 10-K or any amendment to this Form 10-K.
x
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller
reporting company. See the definitions of “large accelerated filer”, “accelerated filer” and “smaller reporting company” in Rule 12b-2
of the Exchange Act.:
Large accelerated filer
o
Accelerated filer
o
Non-accelerated filer
o
Smaller reporting company
x
(Do not check if a smaller
reporting company)
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes
o
No
x
There is currently no established public market in which the Company’s common shares are traded. Based upon the price that
Apple REIT Nine, Inc.’s common equity last sold, which was $11, on June 30, 2008, the aggregate market value of the voting
common equity held by non-affiliates of the registrant on such date was $187,050,000. The Company does not have any non-voting
common equity.
The number of common shares outstanding on March 1, 2009 was 48,780,854.
Documents Incorporated by Reference.
The information required by Part III of this report, to the extent not set forth herein, is incorporated by reference from the
registrant’s definitive proxy statement for the annual meeting of shareholders to be held on May 14, 2009.
