Sachem Capital Corp. Files 8-K on Financial Structure
Ticker: SCCG · Form: 8-K · Filed: Mar 6, 2025 · CIK: 1682220
| Field | Detail |
|---|---|
| Company | Sachem Capital Corp. (SCCG) |
| Form Type | 8-K |
| Filed Date | Mar 6, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, preferred-stock, financial-structure
TL;DR
Sachem Capital Corp. filed an 8-K detailing its common stock, preferred stock, and various notes, giving a snapshot of its financial obligations.
AI Summary
Sachem Capital Corp. filed an 8-K on March 6, 2025, reporting on various financial instruments including common stock and several series of preferred stock and notes with varying maturity dates and interest rates. The filing details their financial structure and obligations as of that date.
Why It Matters
This filing provides insight into Sachem Capital Corp.'s capital structure, including its outstanding debt and preferred stock, which is crucial for investors assessing the company's financial health and risk.
Risk Assessment
Risk Level: medium — The filing details various debt and preferred stock instruments, indicating a leveraged capital structure which carries inherent financial risks.
Key Numbers
- 7.75% — Interest Rate on Notes Due 2025 (Specific debt instrument detail)
- 6.00% — Interest Rate on Notes Due 2026 (Specific debt instrument detail)
- 6.00% — Interest Rate on Notes Due 2027 (Specific debt instrument detail)
- 7.125% — Interest Rate on Notes Due 2027 (Specific debt instrument detail)
- 8.00% — Interest Rate on Notes Due 2027 (Specific debt instrument detail)
Key Players & Entities
- Sachem Capital Corp. (company) — Registrant
- March 6, 2025 (date) — Report Date
- New York (location) — State of Incorporation
- 001-37997 (other) — SEC File Number
FAQ
What is the primary purpose of this 8-K filing for Sachem Capital Corp.?
The primary purpose is to report on other events and financial statements and exhibits, detailing the company's capital structure including common stock, preferred stock, and various notes.
What are the different types of financial instruments mentioned in the filing?
The filing mentions common stock, Series A preferred stock, and several series of notes with different due dates and interest rates (7.75% due 2025, 6.00% due 2026, 6.00% due 2027, 7.125% due 2027, and 8.00% due 2027).
When was this 8-K report filed?
This 8-K report was filed on March 6, 2025.
What is Sachem Capital Corp.'s state of incorporation?
Sachem Capital Corp. is incorporated in New York.
What is the SEC file number for Sachem Capital Corp.?
The SEC file number for Sachem Capital Corp. is 001-37997.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on March 6, 2025 regarding Sachem Capital Corp. (SCCG).