---
schema_version: "secwatch.filing_event.v1"
accession: "0001043000-25-000085"
form_type: "8-K"
ticker: "SNDA"
cik: "0001043000"
company_name: "SONIDA SENIOR LIVING, INC."
filed_at: "2025-11-10T23:59:59+00:00"
generated_at: "2026-05-16T22:11:50.987889+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Sonida Q3 2025 net loss $26.9M; revenue up 26%; announces $1.8B merger with CHP

## Summary
- Net loss attributable to shareholders $26.9M (Q3 2024: $13.8M); Adjusted EBITDA $13.2M (up 30.7% YoY).
- Revenue increased 26.3% YoY; same-store occupancy 87.7% (up 90bps QoQ); RevPAR +5.4% to $3,817.
- Strategic merger with CNL Healthcare Properties valued at ~$1.8B ($6.90/share); 66% stock/34% cash; close expected late Q1/early Q2 2026.
- Acquired one senior community (98 units) in Texas in Sep 2025; entered $137M term loan with Ally Bank in Aug 2025.

## SEC filing metadata
- accession: 0001043000-25-000085
- form_type: 8-K
- ticker: SNDA
- cik: 0001043000
- company_name: SONIDA SENIOR LIVING, INC.
- filed_at: 2025-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043000/000104300025000085/0001043000-25-000085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043000/000104300025000085/snda-20251110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001043000-25-000085
- JSON: https://secwatch.observer/filing/0001043000-25-000085.json
- Plain text: https://secwatch.observer/filing/0001043000-25-000085.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.