{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-250648","form_type":"8-K","ticker":"SOHOO","cik":"0001301236","company_name":"Sotherly Hotels Inc.","filed_at":"2025-10-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:39.053087+00:00","generated_at":"2026-05-17T02:09:03.653390+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Sotherly Hotels agrees to be acquired by KW Kingfisher for $2.25 per share in cash","bullets":["Cash consideration of $2.25 per common share; preferred holders may convert to common to receive same amount.","Total committed financing includes up to $350M debt, $65M mezzanine/equity, and $47M equity from Parent affiliates.","Merger expected to close in Q1 2026, subject to stockholder approval and customary conditions; no financing condition.","Company granted $25M revolving credit line from Kemmons Wilson Hospitality Partners II pending close (Term SOFR + 3.25% initial margin).","Termination fees: Company pays $4M, Parent pays $8M under specified circumstances."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-250648","json":"https://secwatch.observer/filing/0001193125-25-250648.json","markdown":"https://secwatch.observer/filing/0001193125-25-250648.md","text":"https://secwatch.observer/filing/0001193125-25-250648.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1301236/000119312525250648/0001193125-25-250648-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1301236/000119312525250648/soho-20251024.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:09:03.653390+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}