secwatch.observer — SEC 8-K summary
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Issuer:     SONIDA SENIOR LIVING, INC. (SNDA)
CIK:        0001043000
Form:       8-K
Filed at:   2026-03-11T23:59:59+00:00
Accession:  0001193125-26-101103
Event type: m_and_a
Sentiment:  positive
Materiality: 0.95
Item codes: 1.01, 2.01, 2.03, 3.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sonida completes $1.8B acquisition of CHP, creating $3.3B senior living platform
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- Total consideration $7.22/share CHP: $2.32 cash + 0.1318 SNDA shares per CHP share.
- Combined portfolio: 153 communities, ~14,700 owned units; 8th largest U.S. senior living owner.
- Estimated 62% accretion to normalized FFO per share on a run-rate basis.
- Permanent debt financing $930M (revolver $405M, term loans $525M) plus $270M 364-day bridge loan.
- Board changes: Michael Simanovsky appointed Chair; Sam Levinson to join effective May 1, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043000/000119312526101103/0001193125-26-101103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043000/000119312526101103/d105266d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-101103

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