Sotherly Hotels Holds Annual Meeting, Votes on Directors and Auditors
Ticker: SOHON · Form: 8-K · Filed: May 1, 2024 · CIK: 1301236
| Field | Detail |
|---|---|
| Company | Sotherly Hotels INC. (SOHON) |
| Form Type | 8-K |
| Filed Date | May 1, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: shareholder-meeting, corporate-governance, annual-meeting
Related Tickers: SOHO
TL;DR
SOHO shareholders voted on directors and auditors at their April 30th meeting.
AI Summary
Sotherly Hotels Inc. (SOHO) filed an 8-K on May 1, 2024, to report on the results of its annual meeting of stockholders held on April 30, 2024. The company's stockholders voted on several proposals, including the election of directors and the ratification of the appointment of its independent registered public accounting firm.
Why It Matters
This filing provides transparency on shareholder decisions regarding company leadership and financial oversight, which can influence investor confidence and future strategic direction.
Risk Assessment
Risk Level: low — This is a routine corporate filing detailing the outcomes of a shareholder meeting, with no immediate financial distress or significant strategic shifts indicated.
Key Players & Entities
- Sotherly Hotels Inc. (company) — Filer
- SOTHERLY HOTELS LP (company) — Filer
- April 30, 2024 (date) — Date of annual meeting
- May 1, 2024 (date) — Filing date
FAQ
What was the primary purpose of the 8-K filing by Sotherly Hotels Inc. on May 1, 2024?
The primary purpose was to report the results of the annual meeting of stockholders held on April 30, 2024.
What key items were voted on at the Sotherly Hotels Inc. annual meeting?
Stockholders voted on proposals including the election of directors and the ratification of the appointment of the independent registered public accounting firm.
When was the annual meeting of Sotherly Hotels Inc. stockholders held?
The annual meeting was held on April 30, 2024.
What is the Central Index Key for Sotherly Hotels Inc. according to the filing?
The Central Index Key for Sotherly Hotels Inc. is 0001301236.
What is the business address of Sotherly Hotels Inc. as listed in the filing?
The business address is 306 SOUTH HENRY STREET, SUITE 100, WILLIAMSBURG, VA 23185.
Filing Stats: 656 words · 3 min read · ~2 pages · Grade level 9.8 · Accepted 2024-05-01 10:51:22
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value SOHO The NASDAQ Stock Mar
Filing Documents
- soho-20240430.htm (8-K) — 75KB
- 0000950170-24-050965.txt ( ) — 260KB
- soho-20240430.xsd (EX-101.SCH) — 62KB
- soho-20240430_htm.xml (XML) — 12KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. Sotherly Hotels Inc. (the "Company") held its 2024 Annual Meeting of Stockholders on April 30, 2024 (the "Annual Meeting"). The Company is providing the following information regarding the final results of the matters voted on by stockholders at the Annual Meeting: a) Election of seven (7) directors to serve for the ensuing year and until their respective successors are elected: Director Nominee Votes For Votes Withheld Broker Non-Votes Maria L. Caldwell 5,458,332 550,726 7,750,411 David R. Folsom 5,242,042 767,016 7,750,411 G. Scott Gibson IV 5,467,307 541,751 7,750,411 Walter S. Robertson III 5,460,960 548,098 7,750,411 Andrew M. Sims 5,237,042 772,016 7,750,411 Herschel J. Walker 5,238,840 770,218 7,750,411 Gen. Anthony C. Zinni 4,961,820 1,047,238 7,750,411 b) Ratification of the appointment of FORVIS, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024: 13,208,661 shares in favor, 473,930 shares against and 76,878 shares abstaining. There were no broker non-votes for this proposal. c) An advisory vote on executive compensation: 5,051,265 shares in favor, 896,698 shares against and 61,095 shares abstaining. There were 7,750,411 broker non-votes for this proposal.
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: May 1, 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