Company: SACH
Filing Date: 2025-11-14
Form Type: 424B2
Source: 0001628280-25-052333
Chunk: 2

Company: Sachem Capital Corp.
Filing Date: 2025-11-14
Form: 424B2
Chunk 2
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 of the Series A Preferred Stock plus (B) the amount of any accumulated and unpaid dividends thereon to, but not including, the Change of Control Conversion Date (unless the Change of Control Conversion Date is after a dividend record date and prior to the corresponding dividend payment date for the Series A Preferred Stock, in which case no additional amount for such accrued

and unpaid dividend will be included in this sum) by (ii) the Common Stock Price (as defined elsewhere in this Prospectus Supplement); and

• 25.00, or the Share Cap (as defined elsewhere in this Prospectus Supplement), subject to certain adjustments as explained herein;

in each case, on the terms and subject to the conditions described in this Prospectus Supplement, including provisions for the receipt, under specified circumstances, of alternative consideration as described in this Prospectus Supplement.

To assist us in maintaining our qualification as a REIT, our certificate of incorporation, as amended, generally restricts a shareholder from constructively owning (as determined under the constructive ownership rules set forth in the Internal Revenue Code of 1986, as amended,) more than 4.99% by value or number of shares, whichever is more restrictive, of our outstanding common shares or more than 4.99% by value of our outstanding shares of capital stock, unless our board of directors waives these limitations. For a more detailed discussion regarding this limitation, please see “Restrictions on Ownership and Transfer of Capital Stock” in the Base Prospectus, dated May 30, 2025 accompanying this Prospectus Supplement.

Except under limited circumstances as described in this Prospectus Supplement, holders of the Series A Preferred Stock generally do not have any voting rights.

The Selling Agents will be entitled to compensation at a commission rate ranging up to 2.5% of the gross sales price per share sold under the Sales Agreement. The net proceeds, if any, that we receive from sales of our Series A Preferred Stock will depend on the number of shares actually sold and the price for which such shares are sold. See “Plan of Distribution” beginning on page S-37 for additional information regarding the compensation to be paid to the Selling Agents. In connection with the sale of our Series A Preferred Stock on our behalf, the Selling Agents will be deemed to be underwriters within the meaning of the Securities Act and the compensation paid to the Selling Agents will be deemed to be underwriting commissions or discounts. We have also agreed to provide indemnification and contribution to the Selling Agents with respect to certain liabilities, including liabilities under