secwatch.observer — SEC 8-K summary
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Issuer:     Strategic Storage Trust VI, Inc. (SGST)
CIK:        0001852575
Form:       8-K
Filed at:   2026-11-02T22:28:45+00:00
Accession:  0001193125-26-443919
Event type: m_and_a
Sentiment:  positive
Materiality: 0.92
Item codes: 1.01, 5.03, 2.01, 3.03, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Strategic Storage Trust VI closes $500 million all-stock merger with SSGT III, growing to 37 facilities
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- SST VI completed its all-stock merger with SSGT III on Nov 1, 2026; the deal values SSGT III's real estate portfolio at approximately $500 million.
- Added 12 wholly-owned facilities (9,215 units, 981,465 sq ft), bringing the portfolio to 37 facilities, ~30,000 units and 3.2 million sq ft in 10 states and 3 Canadian provinces.
- Created Series G Convertible Preferred Stock paying 8.85% with a $1,000 liquidation preference and $10.75 conversion price; Extra Space Storage LP signed the investors' rights agreement.
- SSGT III's advisor received $2.0 million in operating partnership units to terminate its advisory agreement immediately prior to the merger.
- Legacy SST VI holders own ~59%, SSGT III holders ~38% and other OP unitholders ~3%; SSGT III holders expect a distribution rate more than 20% higher.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1852575/000119312526443919/0001193125-26-443919-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1852575/000119312526443919/sstvi-20261030.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-443919

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