Sachem Capital Corp. Announces Full Repayment and Delisting of Maturing Unsecured Unsubordinated Notes From NYSE American

Rhea-AI Summary

Sachem Capital Corp. (NYSE American: SACH) has announced the scheduled maturity and full repayment of its 7.75% unsecured, unsubordinated Notes (SCCC) on September 30, 2025. The company will redeem the Notes at par value plus accrued and unpaid interest.

The final trading day for the Notes is set for September 29, 2025. Note holders are not required to take any action and will be directly notified about the redemption process details. After the maturity date, no Notes will remain outstanding.

Positive

• Full repayment of Notes demonstrates company's ability to meet debt obligations
• Orderly retirement of debt indicates strong financial management

Negative

• Reduction in available capital unless refinanced with new debt issuance

BRANFORD, Conn., Sept. 24, 2025 (GLOBE NEWSWIRE) -- Sachem Capital Corp. (NYSE American: SACH) reminds holders that its 7.75% unsecured, unsubordinated Notes due September 30, 2025 (“Notes”), ticker symbol “SCCC,” will mature on September 30, 2025, as scheduled. The company will redeem the Notes at par plus accrued and unpaid interest up to, but not including the maturity date.

Sachem expects the last trading day for the Notes will be September 29, 2025. After the maturity date, no Notes will remain outstanding.

Ticker	CUSIP	Maturity Date	Supplemental and Prospectus Link
SCCC	78590A406	9/30/2025	SEC Filing

Impact on Note Holders
The final payment with respect to the Notes, including principal and accrued interest, will be made on or before September 30, 2025, 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 process.

About Sachem Capital Corp
Sachem Capital Corp. is a mortgage REIT that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property. It offers short-term (i.e., three years or less) secured, nonbanking loans to real estate investors to fund their acquisition, renovation, development, rehabilitation, or improvement of properties. The Company’s primary underwriting criteria is a conservative loan to value ratio. The properties securing the loans are generally classified as residential or commercial real estate and, typically, are held for investment. Each loan is secured by a first mortgage lien on real estate and is personally guaranteed by the principal(s) of the borrower. The Company also makes opportunistic real estate purchases apart from its lending activities.

Forward Looking Statements
This press release may contain forward-looking statements. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, strategy and plans, and our expectations for future operations, are forward-looking statements. The words “anticipate,” “estimate,” “expect,” “project,” “plan,” “seek,” “intend,” “believe,” “may,” “might,” “will,” “should,” “could,” “likely,” “continue,” “design,” and the negative of such terms and other words and terms of similar expressions are intended to identify forward-looking statements. These forward-looking statements are based primarily on management’s current expectations and projections about future events and trends that management believes may affect the Company’s financial condition, results of operations, strategy, short-term and long-term business operations and objectives and financial needs. These forward-looking statements are subject to several risks, uncertainties and assumptions as described in the Company’s Annual Report on Form 10-K for 2024 filed with the U.S. Securities and Exchange Commission on March 31, 2025, as may be supplemented by the Company’s subsequently filed Quarterly Reports on Form 10-Q. Because of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this press release may not occur, and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, level of activity, performance, or achievements. In addition, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company disclaims any duty to update any of these forward-looking statements. All forward-looking statements attributable to the Company are expressly qualified in their entirety by these cautionary statements as well as others made in this press release. You should evaluate all forward-looking statements made by the Company in the context of these risks and uncertainties.

Investor & Media Contact:

Sachem Capital
Investor Relations
Email: investors@sachemcapitalcorp.com

FAQ

When will Sachem Capital Corp's (SACH) SCCC Notes mature?

The SCCC Notes will mature on September 30, 2025, with the last trading day being September 29, 2025.

What is the interest rate on Sachem Capital's maturing Notes (SCCC)?

The Notes carry an interest rate of 7.75% and are unsecured, unsubordinated Notes.

Do SACH Note holders need to take any action for the Notes redemption?

No, Note holders are not required to take any action. They will be notified directly about the redemption process details.

What will Note holders receive at SCCC Notes maturity?

Note holders will receive the par value plus accrued and unpaid interest up to, but not including, the maturity date of September 30, 2025.