ADDED
As of February 18, 2026, there were 55,357,177 shares outstanding of the registrant s common stock.
Securities and Exchange Commission within 120 days after the end of the fiscal year to which this report relates.
FORM 10-K SUMMARY 63 SIGNATURES INDEX TO CONSOLIDATED FINANCIAL STATEMENTS F- 1 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Certain statements contained in this report, other than historical facts, may be considered forward-looking statements within the meaning of the federal securities laws, and we intend for all such forward-looking statements to be covered by the applicable safe harbor provisions for forward-looking statements contained in such federal securities laws.
Such forward-looking statements can generally be identified by our use of forward-looking terminology such as may, will, expect, intend, anticipate, estimate, believe, seek, continue, or other similar words, or the negative of such terms or other comparable terminology, or by discussions of strategy.
We may also make additional forward-looking statements from time to time.
All such subsequent forward-looking statements, whether written or oral, by us or on our behalf, are also expressly qualified by these cautionary statements.
Such statements include, but are not limited to statements concerning our plans, strategies, initiatives, prospects, objectives, goals, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions and other information that is not historical information.
All forward-looking statements, including without limitation, management s examination of historical operating trends and estimates of future earnings, are based upon our current expectations and various assumptions.
Our expectations, beliefs and projections are expressed in good faith, and we believe there is a reasonable basis for them, but there can be no assurance that management s expectations, beliefs and projections will result or be achieved.
For further information regarding risks and uncertainties associated with our business, and important factors that could cause our actual results to vary materially from those expressed or implied in such forward-looking statements, please refer to 1 the factors listed and described under Management s Discussion and Analysis of Financial Condition and Results of Operations and the Risk Factors sections of the documents we file from time to time with the SEC, including, but not limited to, this report, copies of which may be obtained from our website at investors.smartstopselfstorage.com .
REMOVED
As of March 10, 2025, there were 88,073,111 outstanding shares of Class A common stock and 8,176,601 outstanding shares of Class T common stock of the registrant.
We intend for all such forward-looking statements to be covered by the applicable safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act and Section 21E of the Exchange Act, as applicable.
Such forward-looking statements can generally be identified by our use of forward-looking terminology such as may, will, expect, intend, anticipate, estimate, believe, seek, continue, or other similar words.
Such statements include but are not limited to: (i) statements about our plans, strategies, initiatives, and prospects; and (ii) statements about our future results of operations, capital expenditures, and liquidity.
There is currently no public trading market for our shares and there may never be one; therefore, it will be difficult for our stockholders to sell their shares.
Our charter does not require us to pursue a liquidity transaction at any time.
Our share redemption program is suspended, and even if stockholders were able to have their shares redeemed, our stockholders may not be able to recover the amount of their investment in our shares.
We have issued Series A Convertible Preferred Stock that ranks senior to all common stock and grants the holder superior rights compared to common stockholders, which may have the effect of diluting our stockholders interests in us and discouraging a takeover or other similar transaction.
We may only calculate the estimated value per share for our shares annually and, therefore, our stockholders may not be able to determine the estimated net asset value of their shares on an ongoing basis.
For further information regarding risks and uncertainties associated with our business, and important factors that could cause our actual results to vary materially from those expressed or implied in such forward-looking statements, please refer to the factors listed and described under Management s Discussion and Analysis of Financial Condition and Results of Operations and the Risk Factors sections of the documents we file from time to time with the U.S.