regulatory
confidence high
sentiment negative
materiality 0.70
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.