Sonida Senior Living establishes $250M ATM common stock offering

SONIDA SENIOR LIVING, INC.

Entered into equity distribution agreement with ten sales agents and nine forward purchasers for up to $250M in common stock.
Commissions capped at 2.0% of sale price for sales agents; forward sellers also capped at 2.0% of VWAP.
Proceeds to be used for acquisitions, capital expenditures, working capital, and debt repayment.
Offering made via 'at-the-market' sales on NYSE or in negotiated transactions, including block trades.
Physically settled forward sales expected; cash or net share settlement also possible.

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