secwatch.observer — SEC 8-K summary
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Issuer:     SONIDA SENIOR LIVING, INC. (SNDA)
CIK:        0001043000
Form:       8-K
Filed at:   2026-05-18T21:30:40+00:00
Accession:  0001193125-26-229178
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sonida Senior Living establishes $250M ATM common stock offering
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1043000/000119312526229178/0001193125-26-229178-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1043000/000119312526229178/d98226d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-229178

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