SmartStop Self Storage REIT Files 8-K
Ticker: SMA · Form: 8-K · Filed: Nov 26, 2024 · CIK: 1585389
| Field | Detail |
|---|---|
| Company | Smartstop Self Storage Reit, Inc. (SMA) |
| Form Type | 8-K |
| Filed Date | Nov 26, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: disclosure, regulation-fd
TL;DR
SmartStop Self Storage REIT filed an 8-K on Nov 25th, likely with important company news.
AI Summary
SmartStop Self Storage REIT, Inc. announced on November 25, 2024, a Regulation FD Disclosure. The filing does not contain specific financial figures or transaction details, but it serves as an official communication to the market.
Why It Matters
This filing indicates an official communication from SmartStop Self Storage REIT, Inc. to the market, which could contain important updates or disclosures.
Risk Assessment
Risk Level: low — The filing is a standard 8-K disclosure without immediate negative or positive financial implications mentioned.
Key Players & Entities
- SmartStop Self Storage REIT, Inc. (company) — Registrant
- November 25, 2024 (date) — Date of earliest event reported
- Maryland (jurisdiction) — State of incorporation
- 10 Terrace Road, Ladera Ranch, California 92694 (address) — Principal executive offices
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to serve as a Regulation FD Disclosure for SmartStop Self Storage REIT, Inc., as of November 25, 2024.
What is the exact date of the earliest event reported in this filing?
The date of the earliest event reported in this filing is November 25, 2024.
In which state was SmartStop Self Storage REIT, Inc. incorporated?
SmartStop Self Storage REIT, Inc. was incorporated in Maryland.
What is the principal executive office address for SmartStop Self Storage REIT, Inc.?
The principal executive office address is 10 Terrace Road, Ladera Ranch, California 92694.
Does this filing mention any specific financial transactions or results?
No, this filing is a general 8-K Current Report for Regulation FD Disclosure and does not specify any particular financial transactions or results within the provided text.
Filing Stats: 533 words · 2 min read · ~2 pages · Grade level 13.1 · Accepted 2024-11-25 20:27:45
Filing Documents
- ck0001585389-20241125.htm (8-K) — 40KB
- 0000950170-24-130719.txt ( ) — 143KB
- ck0001585389-20241125.xsd (EX-101.SCH) — 24KB
- ck0001585389-20241125_htm.xml (XML) — 4KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On November 25, 2024, in connection with its process for reviewing alternatives in order to provide liquidity to stockholders, the board of directors ("Board") of SmartStop Self Storage REIT, Inc. (the "Company") approved: (i) the suspension of the Company's distribution reinvestment plan ("DRP"), such that distributions for the month of November 2024, payable on or about December 16, 2024, as well as any distributions declared by the Board for any future months, will be paid in cash until such time as our Board may approve the resumption of the DRP, if ever; and (ii) the full suspension of Company's share redemption program ("SRP"), effective immediately, such that all redemption requests currently in the queue, as well as any future redemption requests received while the SRP is fully suspended, will not be processed. Prior to November 25, 2024, the SRP remained partially suspended, except for repurchases sought in connection with a stockholder's death, qualifying disability, confinement to a long-term care facility or other exigent circumstances. This Current Report on Form 8-K serves as the 10-day notice for suspension of the DRP. Signature(s) 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. SMARTSTOP SELF STORAGE REIT, Inc. Date: November 25, 2024 By: /s/ James R. Barry James R. Barry Chief Financial Officer and Treasurer