Company: SACH
Filing Date: 2025-11-14
Form Type: 424B2
Source: 0001628280-25-052333
Chunk: 1

Company: Sachem Capital Corp.
Filing Date: 2025-11-14
Form: 424B2
Chunk 1
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 to holders of record as they appear in our stock records for the Series A Preferred Stock at the close of business on the applicable record date, which shall be the 15th day of the calendar month, whether or not a business day, in which the applicable dividend payment date falls. Purchasers of shares of Series A Preferred Stock described in this Prospectus Supplement will be entitled to receive the quarterly dividend commencing on the first dividend payment date following the first record date for the Series A Preferred Stock after such shares are purchased under this Prospectus Supplement.

The Series A Preferred Stock may not be redeemed before June 29, 2026 except under circumstances intended to preserve our qualification as a real estate investment trust, or REIT, for federal income tax purposes and except as described below upon the occurrence of a Change of Control (as defined elsewhere in this Prospectus Supplement). On or after June 29, 2026, we may, at our option, redeem any or all of the shares of the Series A Preferred Stock at $25.00 per share, plus any accumulated and unpaid dividends up to, but not including, the redemption date. In addition, upon the occurrence of a Change of Control, we may, at our option, redeem any or all of the shares of Series A Preferred Stock within 120 days after the first date on which such Change of Control occurs for a cash redemption price equal to $25.00 per share, plus any accumulated and unpaid dividends up to, but not including, the redemption date. As of the date of this Prospectus Supplement, there are no accumulated but unpaid dividends. The Series A Preferred Stock has no stated maturity, is not subject to any sinking fund or mandatory redemption and will remain outstanding indefinitely unless repurchased or redeemed by us or converted into our common shares in connection with a Change of Control by the holders of shares of Series A Preferred Stock.

Upon the occurrence of a Change of Control, each holder of shares of Series A Preferred Stock will have the right (subject to our election to redeem the Series A Preferred Stock in whole or in part, as described above, prior to the Change of Control Conversion Date (as defined elsewhere in this Prospectus Supplement)) to convert some or all of the shares of Series A Preferred Stock held by such holder on the Change of Control Conversion Date into a number of our common shares per share of Series A Preferred Stock equal to the lesser of:

• the quotient obtained by dividing (i) the sum of (A) the $25.00 liquidation preference per share