Sotherly Hotels Inc. (SOHOO): Nasdaq/NYSE listing notice — Sotherly Hotels gets 180-day extension to Feb 9, 2026 for bid compliance; stock moves to Nasdaq Capital Market
Sotherly Hotels Inc.
Received Nasdaq notice on Aug 12, 2025 granting additional 180 days (until Feb 9, 2026) to meet $1.00 minimum bid price.
Common stock transferred from Nasdaq Global Select to Nasdaq Capital Market effective Aug 14, 2025.
To regain compliance, bid price must close at $1.00 or higher for at least 10 consecutive business days before deadline.
Company may consider a reverse stock split if needed; no assurance of regaining compliance.
Sotherly Hotels Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2)).
Exchange
nasdaq
Notice
extension granted
Deficiency
minimum bid price
Rules
5550(a)(2)
Exact text from the filing
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
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