Sachem Capital Corp. Files 8-K on Financial Instruments
Ticker: SCCG · Form: 8-K · Filed: Jun 5, 2025 · CIK: 1682220
| Field | Detail |
|---|---|
| Company | Sachem Capital Corp. (SCCG) |
| Form Type | 8-K |
| Filed Date | Jun 5, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, equity, financial-reporting
TL;DR
Sachem Capital Corp. filed an 8-K detailing its various debt notes and preferred stock, due June 5, 2025.
AI Summary
Sachem Capital Corp. filed an 8-K on June 5, 2025, reporting on various financial instruments including common stock and several series of notes with varying due dates and interest rates (e.g., 7.75% due 2025, 6.00% due 2026, 6.00% due 2027, 7.125% due 2027, 8.00% due 2027). The filing also includes Series A preferred stock. This report is a routine filing detailing financial disclosures.
Why It Matters
This filing provides investors with updated information on Sachem Capital Corp.'s outstanding debt and equity, crucial for assessing the company's financial structure and risk.
Risk Assessment
Risk Level: low — This filing is a standard 8-K reporting financial instrument details and does not indicate any immediate operational or financial distress.
Key Numbers
- 7.75% — Interest Rate (Notes due 2025)
- 6.00% — Interest Rate (Notes due 2026 and 2027)
- 7.125% — Interest Rate (Notes due 2027)
- 8.00% — Interest Rate (Notes due 2027)
Key Players & Entities
- Sachem Capital Corp. (company) — Registrant
- June 5, 2025 (date) — Date of earliest event reported
- 7.75% Notes Due 2025 (financial_instrument) — Debt instrument
- 6.00% Notes Due 2026 (financial_instrument) — Debt instrument
- 6.00% Notes Due 2027 (financial_instrument) — Debt instrument
- 7.125% Notes Due 2027 (financial_instrument) — Debt instrument
- 8.00% Notes Due 2027 (financial_instrument) — Debt instrument
- Series A Preferred Stock (financial_instrument) — Equity instrument
FAQ
What specific events are being reported under 'Other Events' in this 8-K filing?
The filing does not specify the 'Other Events' in the provided text; it primarily lists financial statement and exhibit information.
What is the maturity date for the 7.75% notes mentioned in the filing?
The 7.75% notes are due in 2025, as indicated by the 'sach:Notes7.75percentDue2025Member' tag.
What is the SIC code for Sachem Capital Corp.?
The Standard Industrial Classification (SIC) code for Sachem Capital Corp. is 6798, which corresponds to Real Estate Investment Trusts.
What is the state of incorporation for Sachem Capital Corp.?
Sachem Capital Corp. is incorporated in New York.
Does this filing indicate any new debt issuances or redemptions?
The filing lists existing debt instruments (notes) and preferred stock, but the provided text does not explicitly state whether new issuances or redemptions occurred on June 5, 2025.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on June 5, 2025 regarding Sachem Capital Corp. (SCCG).