Sotherly Hotels Receives Notification Of Deficiency From The Listing Qualifications Department Of The Nasdaq Stock Market
Portfolio Pulse from Benzinga Newsdesk
Sotherly Hotels Inc. (NASDAQ:SOHO) has received a deficiency notice from Nasdaq for failing to file its quarterly report on time, putting it out of compliance with listing requirements.
August 23, 2024 | 8:02 pm
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Sotherly Hotels Inc. has been notified by Nasdaq for not filing its quarterly report on time, which is a breach of listing requirements.
The notice from Nasdaq indicates a regulatory issue that could affect investor confidence and potentially lead to delisting if not resolved, likely impacting the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100