Sotherly Hotels Faces Delisting Notice
Ticker: SOHON · Form: 8-K · Filed: Aug 13, 2025 · CIK: 1301236
| Field | Detail |
|---|---|
| Company | Sotherly Hotels INC. (SOHON) |
| Form Type | 8-K |
| Filed Date | Aug 13, 2025 |
| Risk Level | high |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $1.00 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, listing-transfer, compliance
Related Tickers: SOHO
TL;DR
SOHO got a delisting notice, might be moving exchanges.
AI Summary
Sotherly Hotels Inc. (SOHO) 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 company is transferring its listing, indicating a significant change in its stock exchange status.
Why It Matters
This filing signals potential issues with Sotherly Hotels' compliance with stock exchange rules, which could impact its liquidity and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards indicates significant financial or operational distress, posing a substantial risk to investors.
Key Players & Entities
- Sotherly Hotels Inc. (company) — Filer of the 8-K
- SOHO (company) — Ticker symbol for Sotherly Hotels Inc.
- August 13, 2025 (date) — Date of the 8-K filing
- August 12, 2025 (date) — Period of report date
FAQ
What specific listing rule or standard did Sotherly Hotels Inc. fail to satisfy?
The filing states it is a 'Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing,' but does not specify the exact rule or standard in the provided text.
Which stock exchange is Sotherly Hotels Inc. currently listed on?
The filing does not explicitly state the current exchange, but the nature of the 8-K suggests it is facing issues with a major exchange like NASDAQ or NYSE.
What is the intended new exchange or listing venue for Sotherly Hotels Inc.?
The filing mentions a 'Transfer of Listing,' implying a move to another exchange or venue, but the specific destination is not detailed in this excerpt.
When is the delisting or transfer expected to take effect?
The filing date is August 13, 2025, and the period of report is August 12, 2025. The exact effective date of the delisting or transfer is not specified in this excerpt.
What are the implications of this notice for Sotherly Hotels Inc. shareholders?
A delisting notice can lead to increased volatility, reduced liquidity, and potential loss of investor confidence, negatively impacting shareholder value.
Filing Stats: 977 words · 4 min read · ~3 pages · Grade level 12.7 · Accepted 2025-08-13 16:00:28
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