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CUSIP No. 20676Y403
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The information in this Amendment No. 3 to Schedule 13D (this Second Amendment) amends
and supplements the Schedule 13D (the Initial Schedule 13D) filed with the Securities and Exchange Commission (the SEC) by KGT Investments, LLC, Mr. Mahmood Khimji, SGT Investments, L.P., SGT Investments GP, LLC,
Mr. Mehdi Khimji, Mr. Zachary Berger, Mr. Yaakov Katzovitz and Mr. Richard Russo on November 2, 2020, as amended by that certain Amendment No. 1 to Schedule 13D filed with the SEC on November 12, 2020, and that
certain Amendment No. 2 to Schedule 13D filed with the SEC on July 12, 2021, relating to the common stock, par value $0.01 per share (the Common Stock), of Condor Hospitality Trust, Inc. (the Issuer), a Maryland
corporation.
Item 5. Interest in Securities of the Issuer
Items 5(a) and 5(b) are hereby amended and restated in their entirety as follows.
(a) and (b)
The information
concerning percentages of ownership set forth below is based on 14,722,527 shares of Common Stock of the Issuer outstanding as of October 29, 2021, according to the Issuers Quarterly Report on Form
10-Q for the quarterly period ended September 30, 2021, filed with the Securities and Exchange Commission on November 2, 2021.
KGTI beneficially owns 517,094 shares of Common Stock, which represents 3.5 % of the issued and outstanding shares of Common Stock.
Mr. Mahmood Khimji is the sole manager of KGTI and accordingly beneficially owns the 517,094 shares of Common Stock that are directly
owned by KGTI, which represents 3.5% of the issued and outstanding shares of Common Stock.
SGTI beneficially owns 517,095 shares of Common
Stock, which represents 3.5% of the issued and outstanding shares of Common Stock.
SGTI GP is the general partner of SGTI and accordingly
beneficially owns 517,095 shares of Common Stock that are directly owned by SGTI, which represents 3.5% of the issued and outstanding shares of Common Stock.
Mr. Mehdi Khimji is the sole manager of SGTI GP and accordingly beneficially owns the 517,095 shares of Common Stock that are directly
owned by SGTI, which represents 3.5% of the issued and outstanding shares of Common Stock.
Mr. Berger beneficially owns 0 shares of
Common Stock, which represents 0.0% of the issued and outstanding shares of Common Stock.
Mr. Katzovitz beneficially owns 0 shares of
Common Stock, which represents 0.0% of the issued and outstanding shares of Common Stock.
Mr. Russo beneficially owns 0 shares of
Common Stock, which represents 0.0% of the issued and outstanding shares of Common Stock.
The Reporting Persons may be deemed to
constitute a group pursuant to Rule 13d-5(b), in which case each of the Reporting Persons could be deemed to beneficially own all the shares of Common Stock held by the other Reporting Persons; however, each
of the Reporting Persons disclaims beneficial ownership of the shares of Common Stock held by the other Reporting Persons except to the extent of their pecuniary interest therein (if any).
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