Sonida Senior Living Files 8-K with Material Agreement
Ticker: SNDA · Form: 8-K · Filed: Jan 6, 2025 · CIK: 1043000
| Field | Detail |
|---|---|
| Company | Sonida Senior Living, Inc. (SNDA) |
| Form Type | 8-K |
| Filed Date | Jan 6, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $2 m, $2 million, $3 million, $10.0 million, $16.3 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, filing, financials
TL;DR
Sonida Senior Living signed a material agreement on Dec 31, 2024. Filing out Jan 6, 2025.
AI Summary
Sonida Senior Living, Inc. reported a material definitive agreement on December 31, 2024. The company also disclosed financial statements and exhibits as part of its filing. The report was filed on January 6, 2025.
Why It Matters
This filing indicates a significant contractual development for Sonida Senior Living, which could impact its operations and financial standing.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or obligations for a company, requiring careful evaluation.
Key Numbers
- 1-13445 — SEC File Number (Identifies the company's filing history with the SEC.)
- 75-2678809 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Sonida Senior Living, Inc. (company) — Registrant
- December 31, 2024 (date) — Date of earliest event reported
- January 6, 2025 (date) — Filing date
- Capital Senior Living Corp (company) — Former company name
FAQ
What type of material definitive agreement was entered into by Sonida Senior Living?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into on December 31, 2024.
What is the principal executive office address for Sonida Senior Living?
The principal executive offices are located at 14755 Preston Road, Suite 810, Dallas, Texas, 75254.
When was Sonida Senior Living, Inc. incorporated?
Sonida Senior Living, Inc. is incorporated in Delaware.
What was the former name of Sonida Senior Living, Inc. and when did the name change occur?
The former name was Capital Senior Living Corp, and the name change date was July 24, 1997.
What are the key items reported in this 8-K filing?
The key items reported are Entry into a Material Definitive Agreement, Regulation FD Disclosure, and Financial Statements and Exhibits.
Filing Stats: 982 words · 4 min read · ~3 pages · Grade level 13 · Accepted 2025-01-06 16:50:30
Key Financial Figures
- $2 m — isting of: (i) an initial prepayment of $2 million, which was funded by the Company
- $2 million — Omnibus Amendment, (ii) a prepayment of $2 million on or before November 1, 2025 (the "Sec
- $3 million — Second Payment"), (iii) a prepayment of $3 million on or before November 1, 2026 (the "Thi
- $10.0 million — Mae's receipt of the Third Payment, the $10.0 million guaranty provided by the Company to and
- $16.3 million — i Acquisition") for a purchase price of $16.3 million. The Company funded the Cincinnati Acqu
- $18.25 million — funded the Cincinnati Acquisition with $18.25 million of seller-financing, including $2.0 mil
- $2.0 million — million of seller-financing, including $2.0 million for capital expenditure investment into
Filing Documents
- d861110d8k.htm (8-K) — 31KB
- d861110dex101.htm (EX-10.1) — 167KB
- d861110dex991.htm (EX-99.1) — 12KB
- 0001193125-25-002203.txt ( ) — 357KB
- snda-20241231.xsd (EX-101.SCH) — 3KB
- snda-20241231_lab.xml (EX-101.LAB) — 18KB
- snda-20241231_pre.xml (EX-101.PRE) — 11KB
- d861110d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. 10.1 Omnibus Amendment to Multifamily Loan and Security Agreements, dated December 31, 2024, by and among each entity identified as a "Borrower" on Schedule 1 thereto, Sonida Senior Living, Inc., each entity identified as an "Original Lender" on Schedule 1 thereto, and Fannie Mae, the corporation duly organized under the Federal National Mortgage Association Charter Act. 99.1 Press Release, dated January 6, 2025. 104 Cover Page Interactive Data File-formatted as Inline XBRL.
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. Date: January 6, 2025 Sonida Senior Living, Inc. By: /s/ Tabitha Bailey Name: Tabitha Bailey Title: Senior Vice President and Chief Legal Officer