Welcome to our dedicated page for Sendas Distribuidora S A SEC filings (Ticker: ASAIY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Sendas Distribuidora S.A. (Assaí, ASAIY) SEC filings page on Stock Titan centralizes the company’s U.S. regulatory documents, primarily its Form 6-K current reports as a foreign private issuer under the Securities Exchange Act of 1934. These filings provide detailed insight into Assaí’s governance, capital structure, leverage objectives, shareholder remuneration, legal proceedings, and strategic transactions.
Assaí’s 6-K reports include material facts and notices to shareholders originally published under Brazilian regulations, translated and filed with the SEC. Investors can review minutes and extracts of Board of Directors’ meetings, approvals of interest on equity (juros sobre o capital próprio), and decisions on real estate and structured transactions such as sale-and-leaseback (SLB), built-to-suit (BTS), and buy-to-lease (BTL) arrangements. These documents show how the board oversees capital allocation and property-related strategies.
Filings also cover financial guidance and leverage. In one material fact, Assaí reports closing a fiscal year with a Net Debt / EBITDA ratio below its previously communicated guidance, attributing this to financial discipline and rigor in capital allocation. Other filings outline projected investment levels and store openings for specific years, while emphasizing that projections are subject to revision based on changes in assumptions and market conditions.
Legal and tax-related disclosures appear in 6-Ks describing a precautionary judicial measure and arbitration proceedings initiated by Assaí against Companhia Brasileira de Distribuição (GPA) and Casino Guichard Perrachon S.A. and Segisor. These documents explain the company’s position regarding tax contingencies linked to a prior spin-off and its efforts to secure guarantees and indemnification under a separation agreement.
Another key theme in the filings is capital markets and partnership transactions. Assaí reports a two-phase transaction with Itaú Unibanco Holding S.A. and other retailers involving equity interests in Financeira Itaú CBD S.A. – Crédito, Financiamento e Investimento (FIC), including expected proceeds for Assaí’s indirect interest and conditions precedent such as approvals by CADE and BACEN. The filings also describe Assaí’s intention to file Form 15F to terminate registration of its common shares and ADSs under Section 12(g) of the Exchange Act, the prior delisting of its ADSs from the New York Stock Exchange, and the continued eligibility of ADSs for over-the-counter trading under ASAIY.
On Stock Titan, these filings are accompanied by AI-powered summaries that highlight the main points of each document, helping readers quickly identify items related to leverage, interest on equity, legal proceedings, real estate transactions, or capital markets actions. Real-time updates from EDGAR ensure that new 6-Ks, annual Form 20-F reports, and any future Forms 15F or other key submissions for Assaí are accessible in one place, along with insider-related information where applicable.
Sendas Distribuidora S.A. (Assaí) plans to exit U.S. reporting requirements by filing a Form 15F to deregister its common shares and ADSs under Section 12(g) of the U.S. Securities Exchange Act and terminate its reporting obligations. Once Form 15F is filed, these obligations will be suspended immediately and are expected to end 90 days later, unless the SEC objects.
Assaí will keep its primary listing on the Novo Mercado segment of B3 in Brazil under the ticker ASAI3 and continue to follow Brazilian disclosure rules, making reports and results available on its investor relations website, including in English. Its ADSs, which were delisted from the New York Stock Exchange before market open on January 10, 2025, will remain eligible for trading in U.S. over-the-counter markets under the ticker ASAIY. The company notes it may delay, withdraw, or change its deregistration plans at any time.
Sendas Distribuidora S.A. reports that, based on preliminary information, it ended 2025 with a Net Debt/EBITDA ratio of approximately 2.56x, slightly better than its previously communicated leverage guidance of 2.60x. Management links this outcome to financial discipline and rigorous capital allocation during the period.
The company highlights that this leverage figure is preliminary, unaudited, and subject to review by an independent auditor and approval by its governance bodies, so it may change before official results are disclosed. Audited results for 4Q25 are scheduled to be released on February 12, 2026 after market close, with an earnings conference call on February 13, 2026.
Sendas Distribuidora S.A. reported that its Board of Directors approved the payment of interest on equity (JCP) for the period up to December 31, 2025, subject to confirmation by the Annual General Shareholders' Meeting to be held in 2026. The approved gross amount is R$ 140,000,000.00, equivalent to R$ 0.10434461010 per common share, excluding treasury shares, from which Withholding Income Tax will be deducted where applicable. This JCP will be credited against dividends to be resolved at the 2026 meeting, including the minimum mandatory dividend for the 2025 fiscal year.
For shares traded on B3 S.A. - Brasil, Bolsa, Balcão and other shares registered with BTG Pactual Serviços Financeiros S/A DTVM, payment is scheduled for June 26, 2026, based on the shareholding position on January 6, 2026. The company’s shares will trade ex-rights to this JCP as of January 7, 2026. Holders of American Depositary Receipts will receive payment through JPMorgan Chase Bank, N.A., and can obtain more information at https://adr.com.
Sendas Distribuidora S.A. has approved the distribution of interest on equity (juros sobre o capital próprio) totaling R$ 140,000,000.00 for the period up to December 30, 2025. This corresponds to R$ 0.10434461010 per common share, excluding treasury shares, before withholding income tax where applicable. The payment is subject to confirmation by the Annual General Shareholders' Meeting to be held in 2026 and will be charged against the dividends for the fiscal year ending December 31, 2025, including the minimum mandatory dividend.
The amount will be paid on June 26, 2026, to shareholders of record on January 6, 2026. Shares will trade ex-rights to this interest on equity as of January 7, 2026. For ADR holders, JPMorgan Chase Bank, as depositary bank, will define the specific dates and procedures for payment in respect of the ADRs.
Sendas Distribuidora S.A. reported that its board of directors met and approved several governance and operational measures. The board updated the company’s Conflicts of Interest Policy and Anticorruption Policy, following favorable recommendations from its governance and audit committees. It also approved changes to the internal regulations of the Corporate Governance, Sustainability and Nomination Committee to align with these updates.
The board further authorized a structured real estate transaction with entities of the SuccesPar group. This includes the sale and leaseback of three properties currently owned by the company and the lease of three additional properties to be developed or refurbished under built-to-suit and buy-to-lease structures, subject to certain precedent conditions. Management is authorized to adjust the specific properties and structures, as long as the economic and financial rationale presented to the board is maintained.
Sendas Distribuidora S.A. reports a legal update on tax contingencies linked to its 2020 spin-off from Companhia Brasileira de Distribuição (GPA). A São Paulo business court denied Assaí’s request for urgent relief in a precautionary action on December 12, 2025, after GPA provided guarantees for the tax contingencies then being claimed from Assaí, including an administrative procedure of about R$ 36 million.
The precautionary measure and a separate arbitration against GPA and Casino Guichard Perrachon S.A. and Segisor remain in progress, seeking enforcement of the separation agreement and proper allocation of responsibilities, guarantees and indemnities. Assaí reiterates that it believes it has no direct or joint responsibility for GPA’s tax liabilities and states it will continue pursuing judicial, arbitral and administrative measures to protect its position.
Sendas Distribuidora S.A. (Assaí) reported that it signed definitive and binding agreements with Itaú Unibanco Holding S.A. and fellow retailers Grupo Casas Bahia and Companhia Brasileira de Distribuição to sell their equity interests in Financeira Itaú CBD S.A. (FIC).
The deal will occur in two phases. First, Grupo Casas Bahia and CBD will sell their stakes in FIC. Within two years after that closing, Assaí will sell its indirect interest, after which Itaú will be FIC’s sole shareholder. Assaí expects to receive approximately BRL 260,000,000.00 for its indirect interest, subject to closing adjustments.
Completion of the transaction depends on approvals from Brazil’s antitrust authority CADE and the Central Bank (BACEN). After the first phase closes, the existing commercial partnership between Assaí and FIC will be extended for two years, preserving FIC’s exclusivity for current products, while Assaí may negotiate new partners or offer additional financial products and services. Itaú/Assaí cobranded cards will remain active across Assaí’s sales channels during this period.
Sendas Distribuidora S.A. reported that Brazilian investment funds Snapper Rocks Strategy Fundo de Investimento em Ações and WHG Apache Fundo de Investimento em Ações have acquired a relevant shareholding interest in the company, as required by local securities rules. Snapper Rocks FIA bought 63,653,900 common shares, equal to 4.703% of Sendas’s capital, and entered into equity total return swap agreements giving economic exposure equivalent to a further 66,868,600 shares, or 4.940% of capital. Apache FIA acquired 2,803,100 shares, or 0.207% of capital, and holds total return swaps linked to 5,529,100 shares, or 0.408% of capital.
The funds stated that these positions are part of their investment strategy and that they do not intend to change the company’s control or management structure. They also said there are no shareholders’ agreements governing voting or trading of Sendas securities beyond the disclosed derivative contracts. The ultimate investors are members of the Muffato family, who operate the Grupo Muffato retail and wholesale business in Brazil and have offered to collaborate with Sendas’s management within legal and governance limits. The acquisition will be submitted to Brazil’s antitrust authority CADE in line with applicable law.
Sendas Distribuidora (Assaí) updated its outlook, adding 2026 guidance that targets approximately R$ 700 million in investments on a cash basis and reiterates the plan to open 10 stores. Management frames this plan within a strategy of financial discipline and a focus on reducing leverage in 2026.
The company also reaffirmed its 2025 projections: cash-basis investments between R$ 1.0 billion and R$ 1.2 billion and the opening of 10 stores. These projections remain in effect until realized or revised following management’s periodic reviews. Assaí notes that all projections are subject to macroeconomic conditions and sector dynamics and may be adjusted if assumptions change.
FAQ
What is the current stock price of Sendas Distribuidora S A (ASAIY)?
