Sachem Capital to acquire IRG Global portfolio (~$2.9B); IRG gets 94% OP units and 51% voting power

Sachem Capital Corp.

IRG Global contributes 100% of IRG Master Holdings (industrial real estate) for OP Units and Class B shares; gross assets ~$2.9B, net ~$1.5B after ~$1.4B debt.
IRG to hold ~94.1% of OP Units; Class B shares grant 51% voting control. Board expands to 7, Stuart Lichter as Chairman.
Pre-closing steps include redomestication to Delaware, 20:1 reverse stock split, name change to IRG Realty Trust, Inc.
Closing expected by end of 2026, subject to shareholder approval; termination fee of $4M payable by Sachem in certain scenarios.

item 1.01item 3.02item 7.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.