secwatch.observer — SEC 8-K summary
======================================

Issuer:     Sachem Capital Corp. (SACH)
CIK:        0001682220
Form:       8-K
Filed at:   2024-10-28T23:59:59+00:00
Accession:  0001104659-24-111807
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Sachem Capital authorizes up to $5.8M common stock repurchase plan
------------------------------------------------------------------

- Board adopted new repurchase plan for up to $5,802,959.45 of common shares, effective Oct 23, 2024, replacing prior plan.
- Repurchases will be made on open market under Rule 10b-18; brokers are Ladenburg Thalmann & Co. and Janney Montgomery Scott.
- Plan continues until full repurchase or termination; company cannot predict timing or if any repurchases occur.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682220/000110465924111807/0001104659-24-111807-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682220/000110465924111807/tm2426898d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-111807

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