---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-268058"
form_type: "8-K"
ticker: "SMA"
cik: "0001585389"
company_name: "SmartStop Self Storage REIT, Inc."
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T02:36:49.136378+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SmartStop REIT Advisors to fund SST VI offering costs and receive Series C Units

## Summary
- SRA agrees to fund 3% sales commission and 3% dealer manager fee for SST VI Class Y shares sold in offering.
- SRA also to fund estimated $6.0 million cash to cover dilution from one-time stock dividends to SST VI stockholders.
- In consideration, SST VI OP will issue Series C Convertible Units to SRA at $9.30 per share on a monthly basis.
- Series C Units automatically convert into Class A Units once SST VI discloses estimated NAV per share of at least $10.00.
- Sponsor Funding Agreement terminates when SST VI ceases offering Class Y and Class Z shares.

## SEC filing metadata
- accession: 0001193125-23-268058
- form_type: 8-K
- ticker: SMA
- cik: 0001585389
- company_name: SmartStop Self Storage REIT, Inc.
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1585389/000119312523268058/0001193125-23-268058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1585389/000119312523268058/d551538d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-268058
- JSON: https://secwatch.observer/filing/0001193125-23-268058.json
- Plain text: https://secwatch.observer/filing/0001193125-23-268058.txt

## Key facts
- Material Agreements
  SmartStop Self Storage REIT, Inc. entered into Sponsor Funding Agreement with Strategic Storage Trust VI, Inc. and Strategic Storage Operating Partnership VI, L.P. valued at SRA to fund upfront 3% sales commission, 3% dealer manager fee, estimated 1% organization and offeri (effective 2023-11-01).
  - Action: entry
  - Counterparty: Strategic Storage Trust VI, Inc. and Strategic Storage Operating Partnership VI, L.P.
  - Value: SRA to fund upfront 3% sales commission, 3% dealer manager fee, estimated 1% organization and offeri
  - Effective: 2023-11-01
  source text: Item 1.01. Entry into a Material Definitive Agreement. Sponsor Funding Agreement On November 1, 2023, SmartStop REIT Advisors, LLC ("SRA"), an indirect subsidiary of SmartStop Self Storage REIT, Inc. (the "Company"), entered into a sponsor funding agreement (the "Sponsor Funding Agreement") with Strategic Storage Trust VI, Inc. ("SST VI") and Strategic Storage Operating Partnership VI, L.P. ("SST VI OP"), in connection with certain changes to the public offering of SST VI (the "SST VI Offering").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1585389/000119312523268058/0001193125-23-268058-index.htm

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