Sotherly Hotels Announces Special Meeting for Merger Vote

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2025.12.12 11:36
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Sotherly Hotels (SOHO) has announced a special shareholder meeting on January 22, 2026, to vote on a proposed merger with Sparrows Nest LLC. If approved, shareholders will receive $2.25 per share in cash. The Board of Directors has endorsed the merger. The outcome will significantly impact the company's future. The latest analyst rating for SOHO stock is Hold with a $2.00 price target.