other material
confidence high
sentiment neutral
materiality 0.70
Strategic Storage Trust VI launches Class Y/Z shares at $9.30, ends Class A/T/W primary offering
Strategic Storage Trust VI, Inc.
- New Class Y and Z shares offered at $9.30 effective Nov 1, 2023; sponsor pays up-front sales loads in exchange for Series C Convertible Units.
- Class A, T, W primary offering ceases Oct 31, 2023.
- One-time stock dividend: 0.11075 Class A, 0.07526 Class T, 0.01075 Class W per share; record date Nov 15, 2023.
- DRIP pricing for Class A/T/W shares set at $9.30 per share starting November distribution.
- Redemption at 93% of $9.30 offering price until first NAV calculation; thereafter 93% of NAV.