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0 0 0.00223713646532454 0.00671140939597321 0.00671140939597321 0.00671140939597321 0.00447427293064887 0.00671140939597321
Stock impact report

Kemmons Wilson Hospitality Partners and Ascendant Capital Partners Joint Venture Completes Acquisition of Sotherly Hotels Inc.

Sotherly Hotels Inc. (SOHO) 
Last sotherly hotels inc. earnings: 2/27 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: investors.sotherlyhotels.com
Company Research Source: GlobeNewswire
MEMPHIS, Tenn. and LOS ANGELES and WILLIAMSBURG, Va., Feb. 12, 2026 (GLOBE NEWSWIRE) -- Kemmons Wilson Hospitality Partners (“KWHP”), a hospitality-focused investment management firm, together with Ascendant Capital Partners (“Ascendant”), a vertically integrated real estate investment and operating platform, through their joint venture, KW Kingfisher LLC (the “Joint Venture”), and Sotherly Hotels Inc. (Nasdaq: SOHO) (“Sotherly”), today announced the successful completion of the definitive merger pursuant to which Sotherly was acquired by the Joint Venture (the “Merger”). The previously announced definitive merger agreement, pursuant to which the Joint Venture acquired all outstanding shares of Sotherly common stock for $2.25 per share in cash, was approved by Sotherly stockholders at a Special Meeting of stockholders held on January 22, 2026, following the prior unanimous approval of Sotherly’s full board of directors (the “Sotherly Board”) and unanimous recommendation from a speci Show less Read more
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