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Sotherly Hotels Inc. — Preferred Stock Offering
Company: Sotherly Hotels Inc.
Date announced: 8/15/2016
Preferred Stock Offering Details: Sotherly Hotels Inc. (NASDAQ
OHO) (the "Company") today announced that it has commenced an underwritten public offering of shares of its Series B Cumulative Redeemable Perpetual Preferred Stock (the "Series B Preferred Stock"). The Company expects to grant to the underwriters a 30-day option to purchase up to an additional 15% of the Series B Preferred Stock to cover over-allotments, if any. The Company has filed an application to list the Series B Preferred Stock on the NASDAQ under the symbol "SOHOB."
Company: Sotherly Hotels Inc.
Date announced: 8/15/2016
Preferred Stock Offering Details: Sotherly Hotels Inc. (NASDAQ
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