---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-229178"
form_type: "8-K"
ticker: "SNDA"
cik: "0001043000"
company_name: "SONIDA SENIOR LIVING, INC."
filed_at: "2026-05-18T21:30:40+00:00"
generated_at: "2026-05-18T21:32:51.176567+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Sonida Senior Living establishes $250M ATM common stock offering

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-229178
- form_type: 8-K
- ticker: SNDA
- cik: 0001043000
- company_name: SONIDA SENIOR LIVING, INC.
- filed_at: 2026-05-18T21:30:40+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/1043000/000119312526229178/0001193125-26-229178-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043000/000119312526229178/d98226d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-229178
- JSON: https://secwatch.observer/filing/0001193125-26-229178.json
- Plain text: https://secwatch.observer/filing/0001193125-26-229178.txt

## Key facts
- Material Agreements
  SONIDA SENIOR LIVING, INC. entered into Distribution Agreement with RBC Capital Markets, LLC, BMO Capital Markets Corp., Citigroup Global Markets Inc., Citizens JMP Securities, LLC, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, KeyBanc Capital Markets Inc., Morgan Stanley & Co. LLC, R. Seelaus & Co., LLC and Wells Fargo Securities, LLC valued at $250,000,000 (effective 2026-05-18).
  - Action: entry
  - Agreement: atm program
  - Counterparty: RBC Capital Markets, LLC, BMO Capital Markets Corp., Citigroup Global Markets Inc., Citizens JMP Securities, LLC, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, KeyBanc Capital Markets Inc., Morgan Stanley & Co. LLC, R. Seelaus & Co., LLC and Wells Fargo Securities, LLC
  - Value: $250,000,000
  - Effective: 2026-05-18
  source text: On May 18, 2026, Sonida Senior Living, Inc. (the “Company” ) entered into an equity distribution agreement (the “ Distribution Agreement ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1043000/000119312526229178/0001193125-26-229178-index.htm

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