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.
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