Sotherly Hotels Inc. Announces Intention to List on OTC Market Platform, Voluntarily Delist from Nasdaq and Continue SEC Reporting
Sotherly Hotels Inc. announced its Board of Directors' decision to voluntarily delist its Preferred Stock from Nasdaq and transition the shares to the OTC Market following a recent merger. Despite the change, Sotherly will maintain its status as a real estate investment trust and continue SEC reporting. The move follows a merger where the majority …