<div><div></div><div>Sonida Senior Living established an at-the-market (ATM) equity offering program of up to $250 million, enabling share sales on the NYSE and other venues through a syndicate of leading banks. Commissions for sales agents and forward sellers are capped at 2.0%. The company also executed master confirmations with forward purchasers to facilitate forward sales, providing added flexibility in timing and settlement. Proceeds are expected to fund acquisitions, capital improvements across communities, working capital and other general corporate needs, including potential debt repayment.Agreement 1: Sonida Senior Living Launches $250 Million At-The-Market Equity Program With Major Banks<ul><li>Agreement type: At-the-market equity distribution program</li><li>Counterparty: Multiple banks including RBC Capital Markets, BMO Capital Markets, Citigroup, Goldman Sachs, J.P. Morgan, Morgan Stanley and Wells Fargo</li><li>Signed / Effective: May 18 2026 / same</li><li>Duration / Termination: At will</li><li>Reason: Fund acquisitions, capex, working capital and potential debt repayment</li></ul>Agreement 2: Sonida Senior Living Executes Forward Sale Master Confirmations to Support ATM Flexibility<ul><li>Agreement type: Forward sale master confirmations</li><li>Counterparty: Royal Bank of Canada, Bank of Montreal, Citibank, Citizens JMP Securities, Goldman Sachs, JPMorgan Chase Bank, KeyBanc Capital Markets, Morgan Stanley and Wells Fargo Bank</li><li>Signed / Effective: May 18 2026 / same</li><li>Duration / Termination: At will</li><li>Reason: Enhance flexibility and optimize timing of equity issuance</li></ul>Original SEC Filing: SONIDA SENIOR LIVING, INC. [ SNDA ] - 8-K - May. 18, 2026<section>Disclaimer<div>This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.</div></section></div></div>

SNDA

Sonida Senior Living has launched a $250 million at-the-market equity program, allowing share sales on the NYSE through major banks. Commissions are capped at 2.0%. Proceeds will fund acquisitions, capital improvements, working capital, and potential debt repayment. The company has also executed forward sale master confirmations to enhance flexibility in equity issuance.

TradingView

Sonida Senior Living

ROYAL BANK OF CANADA

Bank of Montreal

Citigroup

Goldman Sachs

JPMorgan Chase

Morgan Stanley

Wells Fargo

Citizens Financial

KeyCorp

CITIGROUP INC 6.250 NON CUM SER II PFD WI

GS Hldg R

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A DD

WELLS FARGO & COMPANY 7.5% PERP CONV PRF CLS 'A' SERIES 'L'

WELLS FARGO & COMPANY DEP SHS REP 1/1000 INT PER PFD SER Y A

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A CC

WELLS FARGO & COMPANY 4.75% DEP SHS 1/1000 NCUM PFD CL A SR Z

WELLS FARGO & COMPANY DEP SHS REP 1/1000TH INT PFD SR AA (CLA)

CITIZENS FINANCIAL GROUP INC DEP SHS REPSTG 1/40TH PERP PFD SR I

CITIZENS FINANCIAL GROUP INC 5% DEP SHS EA REP 1/40TH NON CUM SER E

CITIZENS FINANCIAL GROUP INC DEP SHS REPSTG 1/40TH PERP PFD SER H

KEYCORP DEP SHS REP 1/40TH NON CUM PER PFD SER G

KEYCORP DEP SHS REPSTG 1/40TH INT PERP NON CUM H

KEYCORP DEP SHS REP 1/40TH PERP PFD SER F USD25

KEYCORP DEP SHS REP 1/40TH NON CUM PFD SER E

Sonida Senior Living Launches $250 Million At-The-Market Equity Program With Major Banks