secwatch.observer — SEC 8-K summary
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Issuer:     Strategic Storage Trust VI, Inc. (SGST)
CIK:        0001852575
Form:       8-K
Filed at:   2023-05-12T23:59:59+00:00
Accession:  0000950170-23-021658
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Strategic Storage Trust VI signs agreement to acquire CAD$212M Ontario self-storage portfolio
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- Aggregate purchase price of CAD$212 million for six self-storage facilities in Ontario, Canada.
- Expected to close in Q2 2023; subject to financing, due diligence, and no material adverse changes.
- Up to approximately CAD$10.6 million in earnest money may be forfeited if acquisition fails under certain circumstances.
- Acquisition to be funded with proceeds from public offering, Series B Convertible Preferred Stock, and debt financing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1852575/000095017023021658/0000950170-23-021658-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1852575/000095017023021658/sstvi-20230508.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-021658

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