# Elme Communities (ELME) Stock Trading Halted on Nasdaq Due to Regulatory Concern

> Nasdaq halted trading in Elme Communities common stock on October 23, 2026, citing regulatory concerns, coinciding with the ex-dividend date for a significant liquidating distribution.

By PrimaryBrief newsroom · Published 2026-10-23T13:32:05.947687Z
Canonical: https://primarybrief.com/article/elme-communities-elme-stock-trading-halted-on-nasdaq-due-to-regulatory-concern-d99d0c59

Elme Communities (ELME) common stock trading was halted on the Nasdaq exchange on October 23, 2026 [1]. The halt, designated with code H11, occurred at 09:26:04.661 Eastern Time [1]. Halt code H11 signifies a "Regulatory Concern" [4]. This trading halt coincided with the ex-dividend date for a special liquidating distribution from Elme Communities [2][3][5].

The Board of Trustees for Elme Communities approved an additional special liquidating distribution of $1.74 per common share [5]. This special dividend was paid on October 22, 2026, to shareholders of record as of October 9, 2026 [3][5]. The ex-dividend date for this distribution was October 23, 2026 [2][3][5]. This payment increased the aggregate cash liquidating distributions to $16.41 per Common Share [5].

Elme Communities, which was previously known as Washington REIT, is in the process of liquidation [3]. The company provided notice to the NYSE on September 29, 2026, regarding its intention to voluntarily delist its Common Shares from the NYSE [2].

Because the $1.74 special dividend represented more than 25% of the price of a Common Share, the NYSE informed Elme Communities that its Common Shares would trade with "due bills" [2][3][5]. These due bills indicated an assignment of the right to receive the Special Dividend [2]. Shares traded with due bills from the record date of October 9, 2026, through the close of trading on the NYSE on October 22, 2026 [2][3][5]. October 22, 2026, was the payment date and the final day of trading before the October 23, 2026, ex-dividend date [2][5]. Any individual holding the shares through October 22, 2026, was entitled to receive the $1.74 distribution [3].

## Evidence cited
1. Trading in Elme Communities Common Stock (ELME) halted: regulatory concern (trading_halts) — https://www.nasdaqtrader.com/trader.aspx?id=TradeHalts
2. Elme Communities Investor Relations (elmecommunities.com) — https://elmecommunities.com/
3. Elme Communities (ELME) stock: What shareholders get in liquidation - CrowdfundedWealth.com (crowdfundedwealth.com) — https://crowdfundedwealth.com/
4. HALT REASONS (haltalerts.org) — https://haltalerts.org/
5. Elme Communities Provides Update On Liquidation Activities (Nasdaq) — https://nasdaq.com/