---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-118561"
form_type: "8-K"
ticker: "ELME"
cik: "0000104894"
company_name: "Elme Communities"
filed_at: "2026-10-26T10:02:20+00:00"
generated_at: "2026-10-26T10:05:18.335560+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Elme Communities delisted by NYSE on abnormally low share price; OTC trading to start Oct 26 as ELMES

## Summary
- NYSE commenced delisting proceedings and immediately suspended trading on Oct 23, 2026 under Section 802.01D citing "abnormally low selling price"; Elme will not appeal.
- Common Shares anticipated to begin OTC trading Monday, October 26, 2026 under symbol "ELMES"; no assurance an active OTC market will develop.
- Voluntary dissolution effective November 6, 2026; share transfer books close November 5, 2026; shares cancelled and replaced by non-transferable Liquidating Trust beneficial interests.
- Liquidating Trust to hold remaining assets (primarily net cash proceeds from property sales); FTI Consulting expected to be retained as liquidating trustee.
- Plan of Sale and Liquidation approved by Board July 30, 2025 and shareholders October 30, 2025; includes prior sale of 19 multifamily assets to a Cortland Partners affiliate.

## SEC filing metadata
- accession: 0001104659-26-118561
- form_type: 8-K
- ticker: ELME
- cik: 0000104894
- company_name: Elme Communities
- filed_at: 2026-10-26T10:02:20+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/104894/000110465926118561/0001104659-26-118561-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/104894/000110465926118561/tm2628252d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-118561
- JSON: https://secwatch.observer/filing/0001104659-26-118561.json
- Plain text: https://secwatch.observer/filing/0001104659-26-118561.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.