Sachem Capital (NYSE: SACH) pushes $50M credit facility maturity to 2028

Rhea-AI Filing Summary

Sachem Capital Corp. entered into Amendment No. 2 to its Credit, Security and Guaranty Agreement with Needham Bank relating to its $50 million revolving credit facility. The amendment extends the facility’s maturity date from March 2, 2026 to March 2, 2028 and adds an additional conditional one-year extension option to March 2, 2029. All other terms of the credit agreement remain unchanged, so the main effect is to preserve this borrowing capacity for a longer period under the existing structure.

Insights

Credit & capital structure analyst

Sachem extends a $50M revolving credit line’s maturity to 2028.

Sachem Capital Corp. and its subsidiary SN Holdings, LLC amended their Credit, Security and Guaranty Agreement with Needham Bank covering a $50 million revolving credit facility. The amendment pushes the maturity from March 2, 2026 to March 2, 2028 and adds a further conditional extension to March 2, 2029, while leaving all other terms unchanged.

This kind of maturity extension can help reduce refinancing timing risk by keeping an existing funding source in place longer, rather than forcing an earlier negotiation in unknown market conditions. Because pricing and structural terms are unchanged in the description provided, the economic profile of this debt appears stable based on the excerpt.

The effectiveness of this amendment for Sachem will depend on continued access to the full $50 million commitment and on any conditions attached to the one-year extension options. Future company filings or disclosures may provide more detail on usage of the facility and any covenant interactions as the new 2028–2029 maturities approach.

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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): January 21, 2026

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:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o 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
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 o

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. o

Item 1.01.    Entry into a Material Definitive Agreement.

On January 21, 2026, Sachem Capital Corp. (the “Company”) entered into Amendment No. 2 (“Amendment No. 2”) to the Credit, Security and Guaranty Agreement, among the Company, as the guarantor, SN Holdings, LLC, a Connecticut limited liability company and wholly owned subsidiary of the Company, as the borrower, Needham Bank, a Massachusetts co-operative bank, as the administrative agent for the lenders party thereto with respect to the $50 million revolving credit facility (the “Needham Credit Facility”). Amendment No. 2 extends the maturity date of the Needham Credit Facility from March 2, 2026, absent the exercise of a conditional one year extension, to March 2, 2028 and provides for an additional conditional one year extension to March 2, 2029. All other terms of the Credit, Security and Guaranty Agreement remain unchanged.

The foregoing description of Amendment No. 2 does not purport to be complete and is qualified in its entirety by reference to the full text of such document, including the exhibit thereto, a copy of which is attached to this Current Report on Form 8-K as Exhibit 10.1 and incorporated herein by reference.

Item 9.01.    Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.			Description
10.1			Amendment No. 2 to the Credit and Security Agreement, dated as of January 21, 2026, among SN Holdings, LLC, as the borrower, Sachem Capital Corp., as the guarantor, the lenders party thereto and Needham Bank, as administrative agent.
104			Cover Page Interactive Data File (embedded within the Inline XBRL document).

* * * * *

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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.

			Sachem Capital Corp.
Dated: January 22, 2026			By:			/s/ John L. Villano
						John L. Villano, CPA
						President and Chief Executive Officer

3

FAQ

What did Sachem Capital Corp. (SACH) change in its Needham Bank credit facility?

Sachem Capital Corp. entered into Amendment No. 2 to its Credit, Security and Guaranty Agreement with Needham Bank, which governs a $50 million revolving credit facility. The amendment primarily extends the maturity of this facility while keeping all other terms the same.

How much is Sachem Capital Corp.’s revolving credit facility with Needham Bank?

The revolving credit facility referenced in the amendment has a total commitment of $50 million. This facility is provided to SN Holdings, LLC, a wholly owned subsidiary of Sachem Capital Corp., with Sachem acting as guarantor.

What are the new maturity dates for SACH’s Needham Bank credit facility?

The amendment extends the maturity date of the revolving credit facility from March 2, 2026 to March 2, 2028. It also provides an additional conditional one-year extension option to March 2, 2029.

Did any other terms of Sachem Capital’s credit agreement with Needham Bank change?

According to the disclosure, all other terms of the Credit, Security and Guaranty Agreement remain unchanged. The amendment only addresses the maturity date and the additional conditional extension period.

Who are the parties to Sachem Capital Corp.’s amended credit agreement?

The parties are SN Holdings, LLC as the borrower, Sachem Capital Corp. as guarantor, the lenders party to the agreement, and Needham Bank, a Massachusetts co-operative bank, as administrative agent.

Where can investors find the full text of Sachem Capital’s credit facility amendment?

The company states that Amendment No. 2 is filed as Exhibit 10.1 and is incorporated by reference. Investors can review that exhibit to see the complete legal terms of the amendment.