secwatch.observer — SEC 8-K summary
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Issuer:     Sotherly Hotels Inc. (SOHOO)
CIK:        0001301236
Form:       8-K
Filed at:   2025-02-14T23:59:59+00:00
Accession:  0000950170-25-021124
Event type: regulatory
Sentiment:  negative
Materiality: 0.50
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Sotherly Hotels receives Nasdaq bid price deficiency notice for common stock
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- Received Nasdaq notice on Feb 11, 2025 that common stock bid price below $1.00 for 30 consecutive business days.
- Has 180 calendar days, until August 11, 2025, to regain compliance by closing at $1.00+ for 10 consecutive days.
- If not compliant by Aug 11, 2025, may be eligible for additional 180-day period if transfers to Nasdaq Capital Market.
- Company's common stock continues trading under symbol SOHO on Nasdaq Global Market during cure period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1301236/000095017025021124/0000950170-25-021124-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1301236/000095017025021124/soho-20241031.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-021124

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