Sotherly Hotels 8-K: Corporate Info Update, No New Material Events

TL;DR

**Sotherly Hotels filed an 8-K for corporate info updates, no major news.**

AI Summary

Sotherly Hotels Inc. and Sotherly Hotels LP filed an 8-K on January 29, 2024, to report 'Other Events.' This filing primarily updates their registration information, including their state of incorporation (Maryland for Sotherly Hotels Inc. and Delaware for Sotherly Hotels LP) and SEC file numbers (001-32379 and 001-36091, respectively). For investors, this matters because it confirms the legal and regulatory standing of the company and its operating partnership, ensuring transparency in their corporate structure, although no new material financial events were disclosed.

Why It Matters

This filing provides updated corporate registration details, which is important for regulatory compliance and investor transparency, confirming the legal structure of Sotherly Hotels Inc. and Sotherly Hotels LP.

Risk Assessment

Risk Level: low — The filing is purely administrative, updating corporate information without disclosing any new financial risks or opportunities.

Analyst Insight

A smart investor would note this filing as a routine administrative update, confirming corporate structure but not providing new information that would impact investment decisions. No immediate action is required based on this specific filing.

Key Players & Entities

• Sotherly Hotels Inc. (company) — Registrant, incorporated in Maryland
• Sotherly Hotels LP (company) — Registrant, incorporated in Delaware
• Maryland (other) — State of incorporation for Sotherly Hotels Inc.
• Delaware (other) — State of incorporation for Sotherly Hotels LP
• 001-32379 (other) — SEC File Number for Sotherly Hotels Inc.
• 001-36091 (other) — SEC File Number for Sotherly Hotels LP

FAQ

Key Financial Figures

• $0.01 — nge on which registered Common Stock, $0.01 par value SOHO The NASDAQ Stock Mar

Filing Documents

• soho-20240129.htm (8-K) — 61KB
• 0000950170-24-008328.txt ( ) — 247KB
• soho-20240129.xsd (EX-101.SCH) — 64KB
• soho-20240129_htm.xml (XML) — 12KB

01 Other Events

Item 8.01 Other Events. On January 29, 2024, an affiliate of Sotherly Hotels Inc. (the "Company"), the sole general partner of Sotherly Hotels LP (the "Operating Partnership"), entered into a loan amendment (the "Loan Amendment") to extend the maturity date on the existing mortgage on the DoubleTree by Hilton Philadelphia Airport hotel with the existing lender, TD Bank, N.A. (the "Lender"). Pursuant to the Loan Amendment, the maturity date was extended to February 29, 2024. The Loan continues to be guaranteed by the Operating Partnership.

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: January 29, 2024 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