8-K 1 ck1585389-8k_20190828.htm 8-K ck1585389-8k_20190828.htm

 

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): August 28, 2019

 

SmartStop Self Storage REIT, Inc.

(Exact name of registrant as specified in its charter)

 

 

Maryland

(State or other jurisdiction of incorporation)

000-55617

(Commission File Number)

46-1722812

(IRS Employer Identification No.)

 

10 Terrace Road, Ladera Ranch, California 92694

(Address of principal executive offices, including zip code)

 

(877) 327-3485

(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: None.

 

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 8.01.Other Events.

In order to maintain operating flexibility, continue to invest in future business initiatives, and prepare for strategic alternatives, on August 26, 2019, the board of directors of SmartStop Self Storage REIT, Inc. (the “Registrant”) approved the suspension of the Registrant’s share redemption program (“SRP”) effective as of September 27, 2019, except with respect to redemption requests made in connection with the death or disability of a stockholder, including redemption due to confinement to a long-term care facility, as outlined in the Registrant’s SRP. Since the effective date of the suspension of the SRP is prior to the Registrant’s next redemption date, all pending redemption requests that were not made in connection with the death or disability of a stockholder will not be redeemed, nor will any such additional requests received hereafter be redeemed, until further notice. The SRP shall remain suspended as discussed above until such time, if any, as the Registrant’s board of directors may approve the resumption of the SRP.



 

SIGNATURE

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:  August 28, 2019

By:

 

/s/ James Barry

 

 

 

Name:

 

James Barry

 

 

 

Title:

 

Chief Financial Officer and Treasurer