Exhibit 107
Calculation of Filing Fee Table
Form S-8
(Form Type)
Sotherly Hotels Inc.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered Securities
Security Type | Security Class Title | Fee Calculation Rule | Amount Registered (1) | Proposed Maximum Offering Price Per Unit | Maximum Aggregate Offering Price | Fee Rate | Amount of Registration Fee | |||||||||||||||
Equity | Common Stock, par value $0.01 per share(3) | Rule 457(c) and Rule 457(h) | 2,000,000 | $1.97(2) | $ | 3,940,000 | (2) | 0.0000927 | $ | 365.24 | ||||||||||||
Total Offering Amounts | $ | 3,940,000 | $ | |||||||||||||||||||
Total Fee Offsets | — | |||||||||||||||||||||
Net Fee Due | $ | 365.24 |
(1) | Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement also covers an indeterminate number of additional securities which may be offered and issued to prevent dilution resulting from stock splits, stock dividends, recapitalizations or similar transactions. |
(2) | Estimated solely for purposes of calculating the registration fee pursuant to Rule 457(c) and (h) under the Securities Act based upon the average of the high and low prices of the common stock as reported on the NASDAQ Stock Market on July 13, 2022. |
(3) | Represents shares of Common Stock issuable pursuant to awards to be granted pursuant to the Sotherly Hotels Inc. 2022 Long-Term Incentive Plan. |