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SOHOB Sotherly Hotels Inc

18.62
0.00 (0.00%)
Pre Market
Last Updated: 08:05:10
Delayed by 15 minutes
Name Symbol Market Type
Sotherly Hotels Inc NASDAQ:SOHOB NASDAQ Preference Share
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 18.62 18.02 23.00 0 08:05:10

Amended Current Report Filing (8-k/a)

05/10/2022 8:48pm

Edgar (US Regulatory)


00013012360001301236truetrue0001301236soho:SevenPointEightSevenFivePercentageSeriesCCumulativeRedeemablePerpetualPreferredStockMember2022-06-102022-06-100001301236us-gaap:CommonStockMember2022-06-102022-06-1000013012362022-06-102022-06-100001301236soho:SotherlyHotelsLpMember2022-06-102022-06-100001301236soho:EightPointTwoFivePercentSeriesDCumulativeRedeemablePerpetualPreferredStockMember2022-06-102022-06-100001301236soho:EightPercentSeriesBCumulativeRedeemablePerpetualPreferredStockMember2022-06-102022-06-10

 

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K/A

Amendment No. 1

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 10, 2022

 

SOTHERLY HOTELS INC.

SOTHERLY HOTELS LP

(Exact name of Registrant as Specified in Its Charter)

 

 

Maryland (Sotherly Hotels Inc.)

Delaware (Sotherly Hotels LP)

001-32379 (Sotherly Hotels Inc.)

001-36091 (Sotherly Hotels LP)

20-1531029 (Sotherly Hotels Inc.)

20-1965427 (Sotherly Hotels LP)

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

 

 

 

306 South Henry Street, Suite 100

Williamsburg, Virginia

 

23185

(Address of Principal Executive Offices)

 

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (757) 229-5648

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Sotherly Hotels Inc. Sotherly Hotels LP

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Sotherly Hotels Inc. Sotherly Hotels LP

 


Securities registered or to be registered pursuant to Section 12(b) of the Act.

 

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.01 par value

SOHO

The NASDAQ Stock Market LLC

8.0% Series B Cumulative Redeemable Perpetual Preferred Stock, $0.01 par value

SOHOB

The NASDAQ Stock Market LLC

7.875% Series C Cumulative Redeemable Perpetual Preferred Stock, $0.01 par value

SOHOO

The NASDAQ Stock Market LLC

8.25% Series D Cumulative Redeemable Perpetual Preferred Stock, $0.01 par value

SOHON

The NASDAQ Stock Market LLC

 

 

 

 

 


Explanatory Note.

 

On June 10, 2022, Sotherly Hotels Inc. (“Sotherly” or the “Company”), a Maryland corporation and the sole general partner of Sotherly Hotels LP, a Delaware limited partnership (the “Operating Partnership”), completed the sale of the DoubleTree by Hilton Raleigh-Brownstone University hotel (the “Disposition”).

On June 14, 2022, the Company and the Operating Partnership filed a Current Report on Form 8-K with the Securities and Exchange Commission (the “Initial Form 8-K”) reporting the completion of the Disposition. The Company and the Operating Partnership are filing this Amendment No. 1 to the Initial Form 8-K on Form 8-K/A (the “Amendment”) to include certain pro forma financial information related to the Disposition required by Item 9.01(b) of Form 8-K.

The pro forma financial information attached hereto should be read in conjunction with the Initial Form 8-K and this Amendment, and is incorporated by reference as though fully set forth herein.

Item 9.01 Financial Statements and Exhibits.

 

(b) Pro Forma Financial Information.

 

Unaudited pro forma financial information of Sotherly required to be filed in connection with the Disposition is filed as Exhibit 99.1 to this Amendment, and is incorporated by reference as though fully set forth herein.

 

(d) Exhibits.

 

Exhibit

Number

 

Description

99.1

 

Unaudited pro forma financial information of Sotherly Hotels Inc.

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

 

 

 

 

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.

 

Date: October 5, 2022

 

SOTHERLY HOTELS INC.

 

 

 

 

 

 

By:

/s/ Anthony E. Domalski

 

 

 

Anthony E. Domalski

 

 

 

Chief Financial Officer

 

 

 

SOTHERLY HOTELS LP

 

 

 

 

 

 

 

by its General Partner,

 

 

 

SOTHERLY HOTELS INC.

 

 

 

 

 

 

By:

/s/ Anthony E. Domalski

 

 

 

Anthony E. Domalski

 

 

 

Chief Financial Officer

 

 


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