National Storage Affiliates Trust Files 8-K

TL;DR

NSA filed an 8-K on Nov 19th, reporting on corporate details and stock classes.

AI Summary

National Storage Affiliates Trust filed an 8-K on November 19, 2024, reporting on other events and financial statements. The filing details the company's incorporation in Maryland and its principal business address in Greenwood Village, Colorado. It also lists various share classes, including Common Class A, Series A Preferred Stock, and Series B Preferred Stock, all with reporting dates of November 19, 2024.

Why It Matters

This 8-K filing provides an update on the company's corporate structure and financial reporting, which is important for investors to track its official disclosures.

Risk Assessment

Risk Level: low — This filing is a routine corporate disclosure and does not appear to contain significant new risks or material adverse information.

Key Players & Entities

• National Storage Affiliates Trust (company) — Registrant
• Maryland (jurisdiction) — State of incorporation
• Greenwood Village, Colorado (location) — Principal business address
• Common Class A (security) — Share class
• Series A Preferred Stock (security) — Share class
• Series B Preferred Stock (security) — Share class

FAQ

Key Financial Figures

• $0.01 — Common Shares of Beneficial Interest, $0.01 par value per share NSA New York Stock
• $400,000,000 — ng an aggregate offering price of up to $400,000,000 pursuant to a continuous offering progr

Filing Documents

• nsa-20241119.htm (8-K) — 43KB
• ex11-nsaatmsalesagreement2.htm (EX-1.1) — 731KB
• ex51ccopinionnovember2024.htm (EX-5.1) — 12KB
• ex81cctaxopinionnovember20.htm (EX-8.1) — 17KB
• 0001628280-24-048505.txt ( ) — 1103KB
• nsa-20241119.xsd (EX-101.SCH) — 2KB
• nsa-20241119_def.xml (EX-101.DEF) — 16KB
• nsa-20241119_lab.xml (EX-101.LAB) — 28KB
• nsa-20241119_pre.xml (EX-101.PRE) — 16KB
• nsa-20241119_htm.xml (XML) — 5KB

01. Other Events

Item 8.01. Other Events. On November 19, 2024, National Storage Affiliates Trust (the "Company") and its operating partnership, NSA OP, LP, entered into a sales agreement (the "Sales Agreement") with each of BofA Securities, Inc., BMO Capital Markets Corp., BTIG, LLC, Capital One Securities, Inc., Citigroup Global Markets Inc., Jefferies LLC, J.P. Morgan Securities LLC, KeyBanc Capital Markets Inc., Morgan Stanley & Co. LLC, Regions Securities LLC, Robert W. Baird & Co. Incorporated, Truist Securities, Inc. and Wells Fargo Securities, LLC (each an "Agent" and collectively the "Agents") and the relevant forward Sellers and Forward Purchasers (each, as defined below), relating to the Company's common shares of beneficial interest, $0.01 par value per share ("common shares"), having an aggregate offering price of up to $400,000,000 pursuant to a continuous offering program. The Sales Agreement contemplates that, in addition to the issuance and sale by the Company of common shares to or through the Agents, the Company may enter into separate forward sale agreements with any of Bank of America, N.A., Bank of Montreal, Citibank, N.A., Jefferies LLC, JPMorgan Chase Bank, National Association, KeyBanc Capital Markets Inc., Morgan Stanley & Co. LLC, Nomura Global Financial Products, Inc., Regions Securities LLC, Robert W. Baird & Co. Incorporated, Truist Bank and Wells Fargo Bank, National Association (each, a "Forward Purchaser" and, collectively, the "Forward Purchasers"). If the Company enters into a forward sale agreement with any Forward Purchaser, such Forward Purchaser will attempt to borrow from third parties and sell, through the related agent, acting as sales agent for such Forward Purchaser (each, a "Forward Seller," except that with respect to Nomura Global Financial Products, Inc., the relevant Forward Seller is Nomura Securities International, Inc. (acting through BTIG, LLC as agent)), a number of common shares underlying such forward sale agreement to hedge

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 1.1 Sales Agreement, dated November 19, 2024, among National Storage Affiliates Trust, NSA OP, LP and the agents and forward purchasers party thereto. 5.1 Opinion of Clifford Chance US LLP (including consent of such firm) 8.1 Tax Opinion of Clifford Chance US LLP (including consent of such firm) 23.1 Consent of Clifford Chance US LLP (included in Exhibit 5.1) 23.2 Consent of Clifford Chance US LLP (included in Exhibit 8.1) 99.1 Form of Forward Sale Agreement (included as part of Exhibit 1.1) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NATIONAL STORAGE AFFILIATES TRUST By: /s/ David G. Cramer Name: David G. Cramer Title: President and Chief Executive Officer Date: November 19, 2024

View Full Filing

View this 8-K filing on SEC EDGAR