Sonida Senior Living Enters Material Definitive Agreement
Ticker: SNDA · Form: 8-K · Filed: Aug 15, 2024 · CIK: 1043000
| Field | Detail |
|---|---|
| Company | Sonida Senior Living, Inc. (SNDA) |
| Form Type | 8-K |
| Filed Date | Aug 15, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $102.9 m, $750,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financials, corporate-action
TL;DR
SONIDA signs new material deal, filing includes financials.
AI Summary
On August 12, 2024, Sonida Senior Living, Inc. entered into a material definitive agreement. The filing also includes financial statements and exhibits related to this agreement. The company, formerly known as Capital Senior Living Corp, is incorporated in Delaware and headquartered in Dallas, Texas.
Why It Matters
This filing indicates a significant new agreement for Sonida Senior Living, which could impact its future operations and financial performance.
Risk Assessment
Risk Level: medium — Entering into a material definitive agreement can introduce new risks and opportunities that may affect the company's financial health and stock performance.
Key Numbers
- 1-13445 — Commission File Number (Identifies the company's SEC filing history)
- 75-2678809 — IRS Employer Identification No. (Company's tax identification number)
Key Players & Entities
- Sonida Senior Living, Inc. (company) — Registrant
- Capital Senior Living Corp (company) — Former company name
- August 12, 2024 (date) — Date of earliest event reported
- Dallas, Texas (location) — Principal executive offices location
FAQ
What is the nature of the material definitive agreement entered into by Sonida Senior Living, Inc. on August 12, 2024?
The filing does not specify the details of the material definitive agreement, only that one was entered into on August 12, 2024.
What are the key financial statements included in this 8-K filing?
The filing states that financial statements and exhibits are included, but their specific content is not detailed in the provided text.
When did Capital Senior Living Corp change its name to Sonida Senior Living, Inc.?
The date of the name change from Capital Senior Living Corp to Sonida Senior Living, Inc. was July 24, 1997.
Where are Sonida Senior Living, Inc.'s principal executive offices located?
Sonida Senior Living, Inc.'s principal executive offices are located at 14755 Preston Road, Suite 810, Dallas, Texas, 75254.
What is the SIC code for Sonida Senior Living, Inc.?
The Standard Industrial Classification (SIC) code for Sonida Senior Living, Inc. is 8050, which corresponds to Services-Nursing & Personal Care Facilities.
Filing Stats: 797 words · 3 min read · ~3 pages · Grade level 13.6 · Accepted 2024-08-15 16:04:28
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share SNDA New York Stock Excha
- $102.9 m — for an aggregate cash purchase price of $102.9 million, subject to customary closing con
- $750,000 — e "Palm Acquisition"). The Company paid $750,000 earnest money upon entering into the Pa
Filing Documents
- d810909d8k.htm (8-K) — 28KB
- d810909dex101.htm (EX-10.1) — 294KB
- 0001193125-24-201305.txt ( ) — 508KB
- snda-20240812.xsd (EX-101.SCH) — 3KB
- snda-20240812_lab.xml (EX-101.LAB) — 18KB
- snda-20240812_pre.xml (EX-101.PRE) — 11KB
- d810909d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 10.1 Form of Asset Purchase Agreement, dated August 12, 2024, by and between affiliates of the Company and Principal Senior Living Group. 104 Cover Page Interactive Date File-formatted as Inline XBRL. Safe Harbor The forward-looking statements in this Current Report on Form 8-K, including, but not limited to, statements relating to the timing and completion of the Palm Acquisition, are subject to certain risks and uncertainties that could cause the Company's actual results and financial condition to differ materially, including, but not limited to, the Company's ability to close the Palm Acquisition; the satisfaction of all conditions to closing of the Palm Acquisition; other risks related to the consummation of the Palm Acquisition, including the possibility that the expected benefits and our projections related to the Palm Acquisition may not materialize as expected and the risk that the closing of the Palm Acquisition will not be consummated within the expected time period or at all; the costs related to the Palm Acquisition; the impact of the Palm Acquisition on the Company's business; any legal proceedings that may be brought related to the Palm Acquisition; and the other risks and factors identified from time to time in the Company's reports filed with the Securities and Exchange Commission.
SIGNATURES
SIGNATURES 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. SONIDA SENIOR LIVING, INC. By: /s/ David R. Brickman Name: David R. Brickman Title: Senior Vice President, Secretary and General Counsel Date: August 15, 2024