Strategic Storage Trust VI launches $75M Series E Preferred Stock offering at 8% dividend

Strategic Storage Trust VI, Inc.

Up to $75M (expandable to $100M) of Series E 8% Preferred Stock at $10/share, senior to all common stock.
Net proceeds to pay down debt and invest in self-storage properties; managing dealer fees total 9.5% of gross proceeds.
Holder may redeem after one year with sliding fee (10% to 0%); company may redeem after three years or upon listing or change of control.
No voting rights; monthly dividends when declared; liquidation preference of $10/share plus accrued dividends.
SmartStop Self Storage REIT (NYSE: SMA) is affiliate sponsor; offering is exempt from registration under Rule 506(c).

item 1.01 item 3.02 item 3.03 item 5.03 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

Strategic Storage Trust VI, Inc. issued preferred stock for up to $75.0 million (expandable up to $100.0 million) ... at an offering price of $10.00 per share.

Security: preferred stock
Consideration: up to $75.0 million (expandable up to $100.0 million) ... at an offering price of $10.00 per share

Exact text from the filing

Agreement. Series E Preferred Offering On September 30, 2025, Strategic Storage Trust VI, Inc., a Maryland corporation (the “ Company ”), commenced a private offering of up to $75.0 million (expandable up to $100.0 million in the sole discretion of the Company’s board of directors (the “ Board ”)) in shares of the Company’s Series E Redeemable 8% Preferred Stock,

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Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Strategic Storage Trust VI, Inc.: Filed Articles Supplementary to designate Series E Preferred Stock preferences, restrictions, and terms (effective 2025-09-30).

Change: charter amendment
Effective: 2025-09-30

Exact text from the filing

On September 30, 2025, the Company filed the Articles Supplementary with the State Department of Assessments and Taxation of Maryland setting forth the preferences, restrictions, limitations as to dividends and other distributions, qualifications, and terms and conditions of redemption and repurchase of the Series E Preferred Stock.

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Strategic Storage Trust VI, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-232017

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