24/7 Market News Snapshot 27 October, 2025 – Sotherly Hotels Inc. Common Stock (NASDAQ:SOHO)

October 27, 2025

DENVER, Colo., 27 October, 2025 (www.247marketnews.com) – (NASDAQ:SOHO) are discussed in this article.
Sotherly Hotels Inc. (SOHO) has recently captured significant attention in the financial markets, trading at $2.115, reflecting a remarkable increase of 137.56% from the previous close of $0.890 during the pre-market session. This surge in share price follows the company’s announcement of a transformative merger agreement with a joint venture led by Kemmons Wilson Hospitality Partners, LP (KWHP) and Ascendant Capital Partners LP. This strategic partnership is set to enhance Sotherly’s hotel portfolio and deliver substantial value to its shareholders.

The merger agreement stipulates that KW Kingfisher LLC, representing the joint venture, will acquire all outstanding shares of Sotherly’s common stock for $2.25 per share in cash. This offer signifies a compelling premium of 152.7% over the company’s closing price just prior to the announcement, marking the highest premium for a publicly traded Real Estate Investment Trust (REIT) in the past five years.

The agreement has garnered unanimous approval from Sotherly’s Board of Directors, following thorough evaluations by an independent special committee dedicated to examining the proposal. Andrew Sims, Chairman of Sotherly, articulated the advantages of the agreement, expressing it as a means to provide stockholders with significant immediate cash value, reflecting a meticulous assessment conducted with expert financial advisors.

Set to facilitate operational synergies, the merger allows KWHP to optimize Sotherly’s high-quality hotel assets, positioning the company for ongoing success in the hospitality sector. David Folsom, CEO of Sotherly, highlighted the partnership’s strategic significance, reaffirming their commitment to delivering exceptional value both to guests and stakeholders.

With plans to finalize the transaction in the first quarter of 2026, pending the necessary shareholder and regulatory approvals, Sotherly Hotels Inc. continues to focus on achieving excellence in the evolving landscape of hospitality and creating lasting value for its investors.

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