Sotherly Hotels Faces Delisting Notice

TL;DR

SOHO might get kicked off the exchange - big trouble brewing.

AI Summary

Sotherly Hotels Inc. and Sotherly Hotels LP filed an 8-K on August 13, 2025, to report a notice of delisting or failure to satisfy a continued listing rule or standard. The filing indicates a potential transfer of listing, though specific details regarding the reasons for delisting or the new listing venue are not provided in this excerpt.

Why It Matters

This filing signals potential significant disruption for Sotherly Hotels' investors, as it indicates the company may be delisted from its current exchange, impacting liquidity and valuation.

Risk Assessment

Risk Level: high — A notice of delisting directly threatens the company's ability to trade on a major exchange, posing a severe risk to its operations and shareholder value.

Key Players & Entities

• Sotherly Hotels Inc. (company) — Filer
• Sotherly Hotels LP (company) — Filer
• 20250813 (date) — Filing Date
• 20250812 (date) — Period of Report

FAQ

Key Financial Figures

• $0.01 — nge on which registered Common Stock, $0.01 par value SOHO The Nasdaq Stock Mar
• $1.00 — a)(2), requiring a minimum bid price of $1.00 per share (the "Minimum Bid Price Requi

Filing Documents

• soho-20250812.htm (8-K) — 75KB
• 0001193125-25-179793.txt ( ) — 254KB
• soho-20250812.xsd (EX-101.SCH) — 63KB
• soho-20250812_htm.xml (XML) — 12KB

01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On August 12, 2025, Sotherly Hotels Inc., a Maryland corporation (the "Company") received a notification letter from the Nasdaq Listing Qualifications Department (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it had been granted an additional 180 days, or until February 9, 2026 (the "Second Compliance Period"), to regain compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market under Nasdaq Marketplace Rule 5550(a)(2), requiring a minimum bid price of $1.00 per share (the "Minimum Bid Price Requirement"), based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on The Nasdaq Capital Market with the exception of the bid price requirement, and the Company's written notice of its intention to cure the deficiency during the second compliance period. In order to be eligible to receive the Second Compliance Period, the Company applied to have its common stock (the "Common Stock") transferred from the Nasdaq Global Select Market to the Nasdaq Capital Market. In connection with the grant of the Second Compliance Period, the application was approved and the Common Stock will move to the Nasdaq Capital Market effective at the opening of business on August 14, 2025. As previously disclosed by the Company in a Current Report on Form 8-K filed on February 14, 2025, the Company received a notification letter from the Staff notifying the Company that, because the closing bid price for the Common Stock listed on the Nasdaq Global Select Market was below $1.00 for 30 consecutive business days, the Company no longer met the Minimum Bid Price Requirement. If at any time before February 9, 2026, the bid price of the Common Stock closes at $1.00 per share or more for a minimum of 10 consecut

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized. Date: August 13, 2025 SOTHERLY HOTELS INC. By: /s/ Anthony E. Domalski Anthony E. Domalski Chief Financial Officer SOTHERLY HOTELS LP by its General Partner, SOTHERLY HOTELS INC. By: /s/ Anthony E. Domalski Anthony E. Domalski Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR