{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-104036","form_type":"8-K","ticker":"SMA","cik":"0001585389","company_name":"SmartStop Self Storage REIT, Inc.","filed_at":"2025-08-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.436119+00:00","generated_at":"2026-05-17T19:33:20.129682+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SmartStop Q2 net loss widens to $8.4M; FFO as adjusted per share $0.42; same-store NOI -1.1%","bullets":["Net loss $8.4M ($0.16/sh) vs $3.8M loss in Q2 2024; FFO as adjusted $24.4M ($0.42/sh) up from $12.4M.","Self storage revenue $60.9M (+10.7% YoY); same-store NOI -1.1%; occupancy 93.1% (+90 bps).","Closed IPO of 31.05M shares at $30, net proceeds ~$875.6M; redeemed Series A Preferred and paid down debt.","Raised $500M CAD in 2028 senior unsecured notes at 3.91%; received DBRS BBB/stable and KBRA BBB/stable ratings.","Board added Lora Gotcheva as independent director; declared July distribution of $0.1359/share payable Aug 15."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-104036","json":"https://secwatch.observer/filing/0000950170-25-104036.json","markdown":"https://secwatch.observer/filing/0000950170-25-104036.md","text":"https://secwatch.observer/filing/0000950170-25-104036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1585389/000095017025104036/0000950170-25-104036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1585389/000095017025104036/ck0001585389-20250806.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T19:33:20.129682+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}