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Stock impact report

Sachem Capital Corp. Announces Full Repayment and Delisting of Maturing Unsecured Unsubordinated Notes from NYSE [Yahoo! Finance]

Sachem Capital Corp. Common Shares (SACH) 
NASDAQ:AMEX Investor Relations: sachemcapitalcorp.com
Company Research Source: Yahoo! Finance
its 7.125% unsecured, unsubordinated Notes due June 30, 2024 (“Notes”), ticker symbol “SCCB”, from the NYSE American and to deregister the Notes under the Exchange Act of 1934, as amended. The company will redeem the Notes at par value plus accrued and unpaid interest up to, but not including, the maturity date. Sachem expects the last trading day for the Notes will be June 28, 2024. Sachem does not intend to arrange for listing and/or registration of the Notes on another national securities exchange or for quotation on another quotation medium. Ticker CUSIP Maturity Date Supplemental and Prospectus Link SCCB 78590A 208 SEC Filing Impact on Note Holders The final payment with respect to the Notes, including principal and accrued interest, will be made on July 1, 2024 due to a non-trading day on June 30, 2024 as described in the prospectus supplement. No action is required by note holders, and they will be notified directly regarding the details of the redemption pr Show less Read more
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