SOTHERLY HOTELS LP 8K

Sotherly Hotels Inc. will voluntarily delist its preferred stock from Nasdaq, move trading to an OTC platform, and continue SEC reporting following its February 2026 change-of-control merger.

Sotherly Hotels Inc., a lodging REIT, announced that its board has approved the voluntary delisting of its 8.0% Series B, 7.875% Series C, and 8.25% Series D Cumulative Redeemable Perpetual Preferred Stock from The Nasdaq Stock Market and intends to file a Form 25 with the SEC on or about April 7, 2026, to effect the Nasdaq delisting and deregistration of these preferred shares under Section 12(b) of the Exchange Act, with the last Nasdaq trading day expected on or about April 17, 2026; the company will continue to operate as a REIT and remain an SEC-reporting entity, and it cites as context the February 12, 2026 closing of its merger with KW Kingfisher LLC, in which all common stock was acquired and over 80% of the preferred shares were converted to cash through change-of-control provisions.

Filing Facts

CIK

1313536

Ticker

-

Form

8K

Source Type

sec

Accession

0001193125-26-128953

Alert Tier

7