Strategic Storage Trust VI Files 8-K for Material Agreement

TL;DR

SSTVI just filed an 8-K for a new material agreement. Big moves ahead?

AI Summary

Strategic Storage Trust VI, Inc. filed an 8-K on September 5, 2025, reporting a material definitive agreement entered into on September 4, 2025. The filing also includes financial statements and exhibits. The company is a Maryland-incorporated real estate investment trust based in Ladera Ranch, California.

Why It Matters

This filing indicates a significant new agreement for Strategic Storage Trust VI, Inc., which could impact its operations, financial performance, and future strategic direction.

Risk Assessment

Risk Level: medium — The filing of a material definitive agreement suggests a significant event that could introduce new risks or opportunities for the company.

Key Numbers

• 000-56545 — SEC File Number (Identifies the company's filings with the SEC.)
• 85-3494431 — IRS Employer Identification No. (Tax identification number for the company.)

Key Players & Entities

• Strategic Storage Trust VI, Inc. (company) — Registrant
• Maryland (jurisdiction) — State of incorporation
• Ladera Ranch, California (location) — Principal executive offices

FAQ

Key Financial Figures

• $35 million — "Company"), in consideration for up to $35 million pursuant to a Series D Cumulative Redee
• $25 — ies D Preferred Units shall be equal to $25 per share (the "Purchase Price"). The S
• $5 million — erred Units in exchange for the initial $5 million investment by the Series D Preferred In

Filing Documents

• sstvi-20250904.htm (8-K) — 49KB
• sstvi-ex10_1.htm (EX-10.1) — 168KB
• sstvi-ex10_2.htm (EX-10.2) — 203KB
• 0000950170-25-113187.txt ( ) — 576KB
• sstvi-20250904.xsd (EX-101.SCH) — 26KB
• sstvi-20250904_htm.xml (XML) — 4KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. Series D Cumulative Redeemable Preferred Unit Purchase Agreement On September 4, 2025, SSSR Preferred Investor, LLC (the "Series D Preferred Investor"), an affiliate of SmartStop Self Storage REIT, Inc. (NYSE: SMA), which is the ultimate parent company of the Company's sponsor, agreed to purchase up to 1,400,000 Series D Cumulative Redeemable Preferred Units (the "Series D Preferred Units") of limited partnership interest in Strategic Storage Operating Partnership VI, L.P. (the "Operating Partnership"), the operating partnership of Strategic Storage Trust VI, Inc. (the "Company"), in consideration for up to $35 million pursuant to a Series D Cumulative Redeemable Preferred Unit Purchase Agreement (the "Series D Preferred Unit Purchase Agreement") dated September 4, 2025 by and among the Company, the Operating Partnership, and the Series D Preferred Investor. The Series D Preferred Unit Purchase Agreement provides that the purchase price for the Series D Preferred Units shall be equal to $25 per share (the "Purchase Price"). The Series D Preferred Units require an investment fee equal to 1.0% of the amount invested at any closing. The terms of the Series D Preferred Units includes certain rights, preferences, powers, privileges and restrictions, qualifications and limitations as are set forth in Amendment No. 5 to the Second Amended and Restated Limited Partnership Agreement of the Operating Partnership (the "OP Agreement Amendment"), which amended the Second Amended and Restated Limited Partnership Agreement of the Operating Partnership, as amended (the "Operating Partnership Agreement"), which are described in more detail below under the heading "Terms of the Series D Cumulative Redeemable Preferred Units." The Company intends to use the net proceeds from the issuance of the shares to pay down indebtedness (including amounts owed to the Company's sponsor), to fund development and improvement pipelines,

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 10.1 Series D Cumulative Redeemable Preferred Unit Purchase Agreement, dated as of September 4, 2025, by and among Strategic Storage Trust VI, Inc., Strategic Storage Operating Partnership VI, L.P. and SSSR Preferred Investor, LLC 10.2 Amendment No. 5 to Second Amended and Restated Limited Partnership Agreement of Strategic Storage Operating Partnership VI, L.P. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. STRATEGIC STORAGE TRUST VI, INC. Date: September 5, 2025 By: /s/ Matt F. Lopez Matt F. Lopez Chief Financial Officer and Treasurer

View Full Filing

View this 8-K filing on SEC EDGAR