---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-342676"
form_type: "8-K"
ticker: "SNDA"
cik: "0001043000"
company_name: "SONIDA SENIOR LIVING, INC."
filed_at: "2026-08-10T21:16:05+00:00"
generated_at: "2026-08-10T21:18:12.708298+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Sonida resolves shareholder lawsuit over preferred conversion via exchange agreement

## Summary
- Aug 10, 2026: Exchange Agreement with Conversant to moot Smith v. Sonida (1:26-cv-00654-MN) over March 2026 Series A conversion.
- Filed certificates of correction nullifying prior Series A amendment/elimination; designated 41,250 shares of new Series B Preferred with $32 conversion price.
- Investors surrendered 1,601,505 Subject Shares for Series B, then converted to same 1,601,505 common shares; no cash paid.
- Voluntary dismissal of stockholder complaint filed; company reimburses investor expenses up to $300,000.
- Company to register resale of common shares on Form S-3 by Aug 28, 2026.

## SEC filing metadata
- accession: 0001193125-26-342676
- form_type: 8-K
- ticker: SNDA
- cik: 0001043000
- company_name: SONIDA SENIOR LIVING, INC.
- filed_at: 2026-08-10T21:16:05+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 3.02, 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1043000/000119312526342676/0001193125-26-342676-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1043000/000119312526342676/d160599d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-342676
- JSON: https://secwatch.observer/filing/0001193125-26-342676.json
- Plain text: https://secwatch.observer/filing/0001193125-26-342676.txt

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