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    SEC Form 8-K filed by SmartStop Self Storage REIT Inc.

    5/8/25 5:21:36 PM ET
    $SMA
    Real Estate Investment Trusts
    Real Estate
    Get the next $SMA alert in real time by email
    8-K
    false 0001585389 0001585389 2025-05-08 2025-05-08
     
     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

     

    Form 8-K

     

     

    Current Report

    Pursuant to Section 13 or 15(d)

    of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): May 8, 2025

     

     

    SmartStop Self Storage REIT, Inc.

    (Exact name of registrant as specified in its charter)

     

     

     

    Maryland   001-42584   46-1722812

    (State or other jurisdiction

    of incorporation)

     

    (Commission

    File Number)

     

    (IRS Employer

    Identification No.)

    10 Terrace Road, Ladera Ranch, California 92694

    (Address of principal executive offices, including zip code)

    (866) 418-5144

    (Registrant’s telephone number, including area code)

    Not Applicable

    (Former name or former address, if changed since last report)

     

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of Each Class

     

    Trading

    Symbol(s)

     

    Name of Each Exchange

    on Which Registered

    Common Stock, $0.001 par value   SMA   New York Stock Exchange

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     
     


    Item 7.01.

    Regulation FD Disclosure.

    On April 29, 2025, the board of directors (“Board”) of SmartStop Self Storage REIT, Inc. (the “Company”) approved the full termination of the Company’s share redemption program (“SRP”), effective immediately, such that all redemption requests currently in the queue, as well as any future redemption requests received, will not be processed. Additionally, on May 1, 2025, the Board approved the full termination of the Company’s distribution reinvestment plan (“DRP”), such that all future distributions will be paid in cash. This Current Report on Form 8-K serves as the 30-day notice for termination of the SRP, as well as the 10-day notice for termination of the DRP.

    Pursuant to the rules and regulations of the Securities and Exchange Commission, the information in this Item 7.01 disclosure is deemed to have been furnished and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Such information shall not be incorporated by reference into any filing of the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.


    Signature(s)

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

          SMARTSTOP SELF STORAGE REIT, INC.

    Date: May 8, 2025

        By:  

    /s/ James R. Barry

          James R. Barry
          Chief Financial Officer and Treasurer
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