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July 9, 2014
17:30 EDTSOHOSotherly Hotels announces $23.4M 'at-the-market' equity offering
Sotherly Hotels announced that it has entered into a Sales Agency Agreement with its operating partnership, Sotherly Hotels LP, and Sandler O’Neill & Partners as the sales agent, under which it may, from time to time, sell up to $23.4M of its common stock pursuant to an "at-the-market" equity offering program. The common stock may be offered and sold through Sandler O’Neill at market prices or as otherwise agreed to with Sandler O’Neill. The company has no obligation to sell any of the common stock under the Sales Agency Agreement, and may at any time suspend solicitation and offers.
News For SOHO From The Last 14 Days
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June 26, 2015
09:10 EDTSOHOOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Finish Line (FINL), up 6.5%... Nike (NKE), up 3.2%. ALSO HIGHER: GigaMedia (GIGM), up 14.6% after agreeing to acquire 70% equity interest in Strawberry Cosmetics. DOWN AFTER EARNINGS: Micron Technology (MU), down 14.8%. ALSO LOWER: Celladon (CLDN), down 42.7% after planning to suspend further R&D of MYDICAR program... Real Goods Solar (RGSE), down 18.4% after raising $5M in a common stock and warrant offering... SanDisk (SNDK), down 3.3% after Micron Technology reports quarterly results... Alder Biopharmaceuticals (ALDR), down 2.6% after 4.49M share Secondary priced at $44.50... Sotherly Hotels (SOHO), down 2% after 3M share Secondary priced at $7.11.
06:49 EDTSOHOSotherly Hotels 3M share Secondary priced at $7.11
Sandler ONeill and JMP Securities acted as joint book running managers for the offering.
June 22, 2015
08:34 EDTSOHOSotherly Hotels files to sell 3M shares of common stock
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07:55 EDTSOHOSotherly Hotels agrees to acquire remaining interest in Crowne Plaza Hollywood
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