• Industrial Realty Group will contribute 98 industrial properties to Sachem Capital in a strategic combination that will rebrand the public company as IRG Realty Trust, with an implied enterprise value of about 3.4 billion as of March 31, 2026.
• The industrial portfolio is valued at about 2.9 billion in gross real estate assets, with the combined company also carrying about 470 million of total assets at Sachem as of March 31, 2026.
• IRG will receive operating partnership units representing about 94.1% of the combined company, leaving existing Sachem shareholders with about 5.9% on a fully diluted basis.
• The deal values Sachem shares at 2 per share, a 90% premium to the 30-day VWAP, with a 20-to-1 reverse stock split expected at closing implying a post-split reference price of 40 per share.
• Closing is targeted by the end of 2026, with the combined company expected to focus on mission-critical industrial assets serving manufacturing and distribution tenants.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sachem Capital Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605180610PRIMZONEFULLFEED9721890) on May 18, 2026, and is solely responsible for the information contained therein.