Current Report Filing (8-k)
May 31 2023 - 4:23PM
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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 31, 2023
SACHEM
CAPITAL CORP.
(Exact name of Registrant as specified in its
charter)
New
York |
|
001-37997 |
|
81-3467779 |
(State
or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS
Employer
Identification No.) |
568
East Main Street, Branford, Connecticut |
|
06405 |
(Address
of Principal Executive Office) |
|
(Zip
Code) |
Registrant's
telephone number, including area code (203)
433-4736
(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 |
Ticker
symbol(s) |
Name
of each exchange on which registered |
Common
Shares, par value $.001 per share |
SACH |
NYSE American LLC |
7.125%
Notes due 2024 |
SCCB |
NYSE American LLC |
6.875%
Notes due 2024 |
SACC |
NYSE American LLC |
7.75%
notes due 2025 |
SCCC |
NYSE American LLC |
6.00%
notes due 2026 |
SCCD |
NYSE American LLC |
6.00%
notes due 2027 |
SCCE |
NYSE American LLC |
7.125%
notes due 2027 |
SCCF |
NYSE American LLC |
8.00%
notes due 2027 |
SCCG |
NYSE American LLC |
7.75%
Series A Cumulative Redeemable Preferred Stock, Liquidation Preference $25.00 per share |
SACHPRA |
NYSE
American LLC |
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. ¨
On May 31, 2023, the board of directors of Sachem
Capital Corp. (the “Company”) authorized and the Company declared a dividend of $0.484375 per share on the Company’s
7.75% Series A Cumulative Redeemable Preferred Stock (“Series A Preferred”) payable on June 30, 2023 to Series A Preferred
shareholders of record on June 15, 2023. The payment represents the full amount of the dividend accruing from March 30 through and including
June 29, 2023.
* * * * *
SIGNATURES
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.
Dated: May 31, 2023 |
By: |
/s/ John L. Villano |
|
|
John L. Villano, CPA |
|
|
President and Chief Executive Officer |
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