SMA 424B5: Secondary offering

SmartStop Self Storage REIT, Inc.

Filed with the SEC on · accession 0001193125-26-455475

SMA filed a 424B5 (prospectus (offering)) with the SEC on Nov 10, 2026. The final terms of an offering of shares or bonds. The stock moved -2.7% by the first close after the filing.

Summary of the filing

SmartStop Self Storage REIT, Inc. announced a public offering of 8,150,000 shares of common stock at $37.00 per share, structured through forward sale agreements with JPMorgan Chase Bank and Wells Fargo Bank, with expected proceeds of approximately $290.2 million before expenses.

Key details

Public offering price per share$37
Total public offering value$301.6M
Underwriting discount per share$1
Total underwriting discount$11.3M
Estimated proceeds to company before expenses$290.2M
Number of shares offeredshares 8.2M
Option to purchase additional sharesshares 1.2M
Forward purchaserJPMorgan Chase Bank, National Association
Forward purchaserWells Fargo Bank, National Association
Joint book-running managerJ.P. Morgan
Joint book-running managerWells Fargo Securities

How SMA stock reacted

Close before

$39.69

Nov 9, 2026

First close after

-2.67%

$38.63

5 trading days

—

Since filing

-0.91%

$39.33

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Frequently asked questions

What did SMA file with the SEC on Nov 10, 2026?

SMA filed a 424B5 (Secondary offering). SmartStop Self Storage REIT, Inc. announced a public offering of 8,150,000 shares of common stock at $37.00 per share, structured through forward sale agreements with JPMorgan Chase Bank and Wells Fargo Bank, with expected proceeds of approximately $290.2 million before expenses.

What does a secondary offering mean for SMA stock?

New shares dilute existing holders and are often sold at a discount to the market price.

How do I read a 424B5?

The final terms of an offering of shares or bonds. Look at price, number of shares and the discount to the market price. Large offerings dilute existing shareholders.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 424B5 (prospectus (offering)): The final terms of an offering of shares or bonds.

How did SMA stock react to this filing?

SMA closed at $39.69 before the filing and $38.63 on Nov 10, 2026 (-2.67%).

Other SMA SEC filings

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