Sotherly Hotels Inc. recently announced a significant adjustment to its capital market strategy.

The company plans to transfer its stock listing platform from Nasdaq to the OTC market and has decided to voluntarily delist from Nasdaq. Meanwhile, the company made it clear that, despite the change in listing location, it will continue to fulfill its legal obligation to submit periodic reports to the U.S. Securities and Exchange Commission. This move marks a new phase in the company's development. By shifting to an OTC platform, Sotherly aims to optimize its capital structure and enhance operational flexibility. The company is committed to maintaining transparency, ensuring that investors can continue to access information about its financial position and operating results.