Sachem Capital Corp. (SACH) Form 8-K — May 18, 2026
$SACHForm 8-KItems 1.01, 3.02, 7.01, 9.01Filed May 18, 2026, 6:30 AM ET0001682220-26-000024Original filing
Sachem Capital Corp. (SACH) has entered into a definitive agreement to be acquired by Industrial Realty Group (IRG) in a transaction valued at approximately $2.9 billion in gross assets. The deal involves IRG contributing its industrial real estate portfolio to a new operating partnership formed by Sachem, in exchange for OP units and new Class B voting shares that will give IRG control of the combined entity.
Key figures
- Deal Value Usd
- 2900000000
- Debt assumed
- 1400000000
- Net asset value
- 1500000000
- Termination fee
- 4000000
- Reverse split ratio
- 20:1
- Deemed exchange price
- 2
- Irg op unit ownership
- 94.1%
- Sachem op unit ownership
- 5.9%
Price after filing
1 day: -13.0%7 days: -2.2%30 days: -29.4%
Close on the filing date to close N calendar days later (from $1.38). Historical, not a forecast.
AI analysis
Red flags5 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.