Strategic Storage Trust VI, Inc. Files 8-K with Key Agreements
Ticker: SGST · Form: 8-K · Filed: Oct 6, 2025 · CIK: 1852575
| Field | Detail |
|---|---|
| Company | Strategic Storage Trust Vi, Inc. (SGST) |
| Form Type | 8-K |
| Filed Date | Oct 6, 2025 |
| Risk Level | medium |
| Pages | 9 |
| Reading Time | 10 min |
| Key Dollar Amounts | $75.0 million, $100.0 million, $0.001, $10.00, $550,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, equity-sale, corporate-action
TL;DR
SSTVI filed an 8-K detailing new agreements and equity sales - watch for shareholder impact.
AI Summary
Strategic Storage Trust VI, Inc. filed an 8-K on October 6, 2025, reporting on events as of September 30, 2025. The filing indicates the entry into a material definitive agreement, unregistered sales of equity securities, and material modifications to security holder rights. It also covers amendments to articles of incorporation or bylaws and Regulation FD disclosures.
Why It Matters
This 8-K filing signals significant corporate actions by Strategic Storage Trust VI, Inc., potentially impacting its structure, financing, and shareholder rights.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and unregistered sales of equity, which can introduce financial and operational risks.
Key Numbers
- 20250930 — Report Date (Date of earliest event reported)
- 20251006 — Filing Date (Date the report was filed with the SEC)
Key Players & Entities
- Strategic Storage Trust VI, Inc. (company) — Registrant
- 0001852575 (company) — Central Index Key
- 6798 (company) — Standard Industrial Classification Code
- 853494431 (company) — IRS Employer Identification No.
- 10 Terrace Road, Ladera Ranch, California 92694 (company) — Principal Executive Offices Address
- 9495424516 (company) — Business Phone Number
FAQ
What is the nature of the material definitive agreement entered into by Strategic Storage Trust VI, Inc.?
The filing indicates the entry into a material definitive agreement, but the specific details of this agreement are not provided in the excerpt.
What type of equity securities were sold unregistered?
The filing states 'Unregistered Sales of Equity Securities' occurred, but the specific type and amount of securities are not detailed in the provided text.
What specific modifications were made to the rights of security holders?
The filing mentions 'Material Modifications to Rights of Security Holders' but does not specify the nature of these modifications in the provided excerpt.
Are there any changes to Strategic Storage Trust VI, Inc.'s articles of incorporation or bylaws?
Yes, the filing lists 'Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year' as an item information, suggesting such changes may have occurred.
What is the fiscal year end for Strategic Storage Trust VI, Inc.?
The fiscal year end for Strategic Storage Trust VI, Inc. is December 31 (1231).
Filing Stats: 2,599 words · 10 min read · ~9 pages · Grade level 13.6 · Accepted 2025-10-06 16:55:51
Key Financial Figures
- $75.0 million — , commenced a private offering of up to $75.0 million (expandable up to $100.0 million in the
- $100.0 million — f up to $75.0 million (expandable up to $100.0 million in the sole discretion of the Company's
- $0.001 — Series E Redeemable 8% Preferred Stock, $0.001 par value per share (the " Series E Pre
- $10.00 — erred Stock "), at an offering price of $10.00 per share (the " Preferred Offering "),
- $550,000 — um not to exceed an aggregate amount of $550,000; provided, however, if the Company ente
Filing Documents
- sstvi-20250930.htm (8-K) — 70KB
- sstvi-ex3_1.htm (EX-3.1) — 126KB
- sstvi-ex10_1.htm (EX-10.1) — 167KB
- sstvi-ex10_2.htm (EX-10.2) — 61KB
- sstvi-ex99_1.htm (EX-99.1) — 14KB
- img224738110_0.jpg (GRAPHIC) — 44KB
- 0001193125-25-232017.txt ( ) — 664KB
- sstvi-20250930.xsd (EX-101.SCH) — 27KB
- sstvi-20250930_htm.xml (XML) — 4KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. Series E Preferred Offering On September 30, 2025, Strategic Storage Trust VI, Inc., a Maryland corporation (the " Company "), commenced a private offering of up to $75.0 million (expandable up to $100.0 million in the sole discretion of the Company's board of directors (the " Board ")) in shares of the Company's Series E Redeemable 8% Preferred Stock, $0.001 par value per share (the " Series E Preferred Stock "), at an offering price of $10.00 per share (the " Preferred Offering "), pursuant to the Confidential Private Placement Memorandum dated September 30, 2025 (the "Memorandum"). The Preferred Offering will terminate on September 30, 2026, unless extended by the Board, in its sole discretion. The Company intends to use the net proceeds from the Preferred Offering to pay down debt and further invest in income-producing and growth self storage properties and related self storage real estate investments. Terms of the Series E Preferred Stock The terms of the Series E Preferred Stock, including the preferences, restrictions, limitations as to dividends and other distributions, qualifications, and terms and conditions of redemption and repurchase, are set forth in the articles supplementary for the Series E Preferred Stock (the " Articles Supplementary "), which are described in more detail below: Rank : With respect to rights to receive dividends and to participate in distributions or payments upon any voluntary or involuntary liquidation, dissolution or winding up of the Company, the Series E Preferred Stock ranks senior to all classes of the Company's common stock, including the Class A common stock, Class P common stock, Class T common stock, Class W common stock, Class Y common stock, and Class Z common stock of the Company (collectively, the " Common Stock "); on parity with all other preferred equity securities issued by the Company from time to time, the terms of which provide that such secur
02. Unregistered Sales of Equity Securities
Item 3.02. Unregistered Sales of Equity Securities. The disclosure set forth in Item 1.01 above, under the heading "Series E Preferred Offering," is incorporated herein by reference. The Preferred Offering is not registered under the Securities Act of 1933, as amended (the " Securities Act "), and is being made pursuant to the exemption provided by Rule 506(c) of Regulation D promulgated under the Securities Act. The Shares may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
03. Material Modifications to Rights of Security Holders
Item 3.03. Material Modifications to Rights of Security Holders. The disclosure set forth in Item 1.01 above under various headings, with respect to the Articles Supplementary and the terms of the Series E Preferred Stock, is incorporated herein by reference. The descriptions of the Articles Supplementary and the Series E Preferred Stock are qualified in their entirety by reference to the Articles Supplementary, which are attached hereto as Exhibit 3.1 and are incorporated herein by reference.
03. Amendments to Articles of Incorporation or Bylaws; Changes in Fiscal Year
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Changes in Fiscal Year. The disclosure set forth in Item 1.01 above under various headings, with respect to the Articles Supplementary and the terms of the Series E Preferred Stock, is incorporated herein by reference. On September 30, 2025, the Company filed the Articles Supplementary with the State Department of Assessments and Taxation of Maryland setting forth the preferences, restrictions, limitations as to dividends and other distributions, qualifications, and terms and conditions of redemption and repurchase of the Series E Preferred Stock. The descriptions of the Articles Supplementary and the Series E Preferred Stock are qualified in their entirety by reference to the Articles Supplementary, which are attached hereto as Exhibit 3.1 and are incorporated herein by reference.
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On October 6, 2025, the Company issued a press release announcing the commencement of the Preferred Offering. A copy of the press release is furnished as Exhibit 99.1 to this Current Report and is incorporated by reference herein. Pursuant to the rules and regulations of the U.S. Securities and Exchange Commission, the information in this Item 8.01 disclosure, including Exhibit 99.1 and the information set forth therein, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Such information shall not be incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 3.1 Articles Supplementary for Series E Preferred Stock 10.1 Managing Dealer Agreement by and between Strategic Storage Trust VI, Inc. and Orchard Securities, LLC 10.2 Amendment No. 6 to Second Amended and Restated Limited Partnership Agreement of Strategic Storage Operating Partnership VI, L.P. 99.1 Press Release dated October 6, 2025 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: October 6, 2025 By: /s/ Matt F. Lopez Matt F. Lopez Chief Financial Officer and Treasurer