secwatch.observer — SEC 8-K summary
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Issuer:     Strategic Storage Trust VI, Inc. (SGST)
CIK:        0001852575
Form:       8-K
Filed at:   2022-09-22T23:59:59+00:00
Accession:  0000950170-22-018757
Event type: m_and_a
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 2.01, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SST VI closes CAD$35.5M Burlington self-storage buy, ups dividend
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- Acquired 890-unit Burlington, ON facility for CAD$35.5M; 92,400 sq ft; third Toronto-market purchase.
- Secured CAD$16.5M non-revolving loan from National Bank of Canada at ~5.94% interest, 3-year term.
- Daily distribution raised to ~$0.001698/share from ~$0.00164, effective Q4 2022.
- Also purchased 63,000 sq ft Oxford, FL facility with 440 units and 48 RV spaces.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1852575/000095017022018757/0000950170-22-018757-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1852575/000095017022018757/sstvi-20220920.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-018757

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer