Sotherly Hotels Inc. 8-K Report: Key Insights on Stock Structure and Recent Developments

Based on the provided financial report section, here are the key insights extracted:
- Entity Identification:
- The entity identified is Sotherly Hotels Inc. and Sotherly Hotels LP with CIK numbers 0001301236 for both entities.
- Filing Type:
- The document is an 8-K filing, which typically reports major events that shareholders should know about.
- Stock Structure:
- The report details multiple classes of stock:
- Common Stock: $0.01 par value, trading under the ticker SOHO on NASDAQ.
- Preferred Stocks:
- 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock: Ticker SOHOB.
- 7.875% Series C Cumulative Redeemable Perpetual Preferred Stock: Ticker SOHOO.
- 8.25% Series D Cumulative Redeemable Perpetual Preferred Stock: Ticker SOHON.
- Reporting Date:
- The reporting period is for October 31, 2024.
- Address:
- The corporate address for Sotherly Hotels is:
- 306 South Henry Street, Suite 100, Williamsburg, VA 23185.
- Phone number is provided: 757-229-5648.
- Legal Entity Axis:
- The filing includes references to the legal entity axis specifying the entity as Sotherly Hotels LP.
- Statement Class of Stock:
- The filing categorizes the different series of cumulative redeemable perpetual preferred stock, indicating a structured approach to equity financing.
Summary:
The financial report section provides crucial details about Sotherly Hotels' stock structure, including various classes of preferred stock and common stock, alongside the reporting date and corporate address. This reflects the entity's equity offerings and highlights the significant financial instruments available to investors.