secwatch.observer — SEC 8-K summary
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Issuer:     Sachem Capital Corp. (SACH)
CIK:        0001682220
Form:       8-K
Filed at:   2026-08-06T20:04:22+00:00
Accession:  0001682220-26-000057
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sachem Capital reports Q2 net loss of $6.5M; provides IRG transaction update
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- Net loss attributable to common shareholders of $6.5M ($0.14 per share) vs net income of $0.8M ($0.02) in Q2 2025.
- Net interest income fell to $1.7M from $2.2M; provision for credit losses increased to $2.6M from $0.9M.
- Transaction expenses of $2.6M related to pending IRG contribution deal; total assets $472.9M, book value per share $2.11.
- IRG transaction: 98 industrial assets valued at $2.9B to be contributed; combined enterprise value ~$3.4B; 9.3M sq ft leases signed.
- Common dividend maintained at $0.01 per share; Series A preferred dividend of $0.484375 per share paid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1682220/000168222026000057/0001682220-26-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1682220/000168222026000057/sach-20260805.htm
  HTML page:      https://secwatch.observer/filing/0001682220-26-000057

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