SNDA
Sonida Senior Living, Inc.31.53
-0.06-0.19%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
591.82MP/E (TTM)
-Basic EPS (TTM)
-2.99Dividend Yield
0%Recent Filings
8-K
Stockholders approve merger proposals
Sonida Senior Living stockholders overwhelmingly approved key proposals at the February 26, 2026 special meeting, including boosting authorized common shares from 30M to 100M and issuing shares for the CHP merger plus private placements to Conversant and Silk affiliates. With 91% turnout, for votes topped 99% on the share increase. Deal advances, yet closing hinges on remaining conditions.
8-K
PSU grants hinge on merger
Sonida Senior Living's Compensation Committee granted PSUs on February 23, 2026, to key executives including CEO Brandon Ribar (max 275,000 shares) and CFO Kevin Detz (max 185,000 shares), tied to stock prices hitting $40.11, $53.48, or $66.85 over four years—150-250% above the $26.74 CHP merger reference. Vesting hinges on stockholder Plan approval by year-end and CHP Transaction close. PSUs forfeit otherwise. High hurdles align execs with post-merger gains.
8-K
Proxy supplemented amid lawsuits
Sonida Senior Living supplemented its definitive proxy statement on February 13, 2026, responding to two New York lawsuits and shareholder letters alleging disclosure gaps in its CHP merger materials. Without admitting fault, it added details on confidentiality agreements, financial advisor multiples (e.g., CY2026E FFO 17.8x-22.2x), DCF inputs, RBC fees of $8M, and standalone projections showing Adjusted EBITDA rising to $114.3M by 2030E. Deal terms unchanged. Litigation risks linger.
8-K
Sonida inks $900M credit facility
Sonida Senior Living entered an amended credit agreement on December 29, 2025, providing $262.5M Tranche 1 term loans (3-year maturity), $262.5M Tranche 2 term loans (5-year maturity), and $375M revolving facility (4-year maturity, extendable). Facilities fund the CHP acquisition cash portion, capex, and working capital, secured by borrowing base properties with SOFR/base rates tied to leverage. Effectiveness awaits CHP deal close.
8-K
Bylaws amended for notice rules
Sonida Senior Living amended its bylaws on December 10, 2025, adding advance notice procedures for stockholder nominations and proposals directly from its certificate of incorporation. Effective immediately, the Third Amendment bolsters board control over annual meetings. Directors approved it swiftly.
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