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Elme Communities’ shares began trading over-the-counter on October 26, 2026 under “ELMES”; the company expects dissolution on November 6, 2026. Three officers’ retention agreements will terminate then, with cash lump sums of $5,062,631, $1,029,484 and $1,661,939, respectively.
Elme Communities said NYSE began delisting proceedings and suspended trading; it anticipated OTC trading under “ELMES” on October 26, 2026, and planned to transfer remaining assets and liabilities to a liquidating trust before voluntary dissolution effective November 6, 2026.
Elme Communities sold 3801 Connecticut Avenue and The Kenmore for $55.0 million each on September 28, 2026, and plans to delist from NYSE before voluntary dissolution effective November 6, 2026.
