Strategic Storage Trust VI, Inc. 8-K

What Happened

• On July 14, 2026 Strategic Storage Trust VI, Inc. (SST VI) announced it entered into a definitive Agreement and Plan of Merger to acquire Strategic Storage Growth Trust III, Inc. (SSGT III). The merger (SSGT III into SST VI Merger Sub) is expected to close in the fourth quarter of 2026, subject to conditions including majority stockholder approval of SSGT III and effectiveness of an S-4 registration statement.

Key Details

• Merger consideration: each outstanding share of SSGT III common stock will convert into one share of SST VI Class A common stock; SSGT III Series A preferred will convert into newly designated SST VI Series G preferred stock.
• Portfolio acquired (as of June 30, 2026): 12 wholly‑owned self‑storage facilities (approx. 9,215 units, 981,465 net rentable sq. ft.), a 50% interest in three joint‑venture properties (projected ~3,620 units, 324,275 sq. ft. at completion), and beneficial interests in DST sponsor programs (approx. 5,370 units, 694,800 sq. ft.).
• Closing conditions & protections: requires SSGT III stockholder approval (majority), no SST VI financing condition, S-4 effectiveness, customary reps/warranties, and no material adverse effect. Termination fees: $2.7M (during initial “window shop” period) and $5.4M in certain other scenarios; expense reimbursement up to $1.0M.
• Advisor termination: SSGT III’s external advisor agreement will terminate immediately prior to the merger, with $2.0M payable to the advisor in partnership units.

Why It Matters

• The transaction expands SST VI’s portfolio across U.S. states and Canadian provinces by adding nearly 10,000 existing and development units and multiple DST interests, which could materially change SST VI’s asset base and scale if the merger closes. Investors should note the deal still requires SSGT III stockholder approval and regulatory/filing conditions (S-4); completion is not certain and is expected in Q4 2026.