Sotherly Hotels Inc. announced stockholder approval of a merger with KW Kingfisher LLC, led by Kemmons Wilson Hospitality Partners, LP. The merger involves the acquisition of all outstanding shares of Sotherly common stock. The final voting results will be included in the Company’s Form 8-K. The merger is expected to close in the first quarter of 2026, with shareholders receiving $2.25 per share in cash. Sotherly Hotels Inc. is a lodging REIT that owns and operates full-service upscale hotels in the U.S. The Company’s forward-looking statements caution about risks and uncertainties associated with the merger.

Read more at GlobeNewswire: Sotherly Hotels Inc. Stockholders Approve Merger