Late filing
elevated
Filing comparison
SOTHERLY HOTELS LP told the SEC it could not file its annual report on time
Does not expect a significant change in results. 1 day past the statutory due date.
(the “Company”), KW Kingfisher LLC, (“Parent”), and Sparrows Nest LLC, (“Merger Sub”), completed the transactions contemplated by the Agreement and Plan of Merger (the “Merger Agreement”), dated as of October 24, 2025, by and among the Company, Parent and Merger Sub. Pursuant to the Merger Agreement, at the closing, Merger Sub merged with and into the Company (the “Merger”). Upon completion of the Merger, the Company survived as a wholly owned subsidiary of Parent, the separate existence of the Merger Sub ceased, and Sotherly Hotels LP became an indirect subsidiary of Parent. Also on February 12, 2026, the Company filed a Form 25 to remove its common stock from listing on the NASDAQ Capital…
Evidence
- Anticipates significant change
- No
- Days past due date
- 1
- Other periodic reports filed
- Yes
- Routine
- No
- Severity
- elevated
- Source
- Form 12b-25 (notification of late filing)
- Stated reason
- (the “Company”), KW Kingfisher LLC, (“Parent”), and Sparrows Nest LLC, (“Merger Sub”), completed the transactions contemplated by the Agreement and Plan of Merger (the “Merger Agreement”), dated as of October 24, 2025, by and among the Company, Parent and Merger Sub. Pursuant to the Merger Agreement, at the closing, Merger Sub merged with and into the Company (the “Merger”). Upon completion of the Merger, the Company survived as a wholly owned subsidiary of Parent, the separate existence of the Merger Sub ceased, and Sotherly Hotels LP became an indirect subsidiary of Parent. Also on February 12, 2026, the Company filed a Form 25 to remove its common stock from listing on the NASDAQ Capital…
- Why
- The company told the SEC it could not file a periodic report on time, using Form 12b-25.