Strategic Storage Trust IV Inc., a Maryland corporation (the “Company”), was formed on June 1, 2016 under the Maryland General Corporation Law for the purpose of engaging in the business of investing in self storage facilities. Our year end is December 31. As used in this report, “we,” “us,” “our,” and “Company” refer to Strategic Storage Trust IV Inc. and each of our subsidiaries. Prior to June 28, 2019, both we and Strategic Storage Trust II Inc. (“SST II”), were sponsored by SmartStop Asset Management, LLC (“SAM,” or our “Prior Sponsor”). On June 28, 2019, SST II, and its operating partnership, Strategic Storage Operating Partnership II, L.P., entered into a series of transactions, agreements, and amendments to its existing agreements and arrangements (such agreements and amendments are referred to collectively as the “Self Administration Transaction”), with our Prior Sponsor, and its affiliates, pursuant to which, effective as of June 28, 2019, SST II acquired the self storage advisory, asset management, property management, investment management, and tenant program joint venture interests of SAM, along with certain other assets including SAM’s sole membership interest in SmartStop Storage Advisors, LLC, which owned all of the membership interests of our advisor and our property manager. Immediately after the Self Administration Transaction, SST II changed its name to SmartStop Self Storage REIT Inc. (“SmartStop”). As a result of the Self Administration Transaction, SmartStop REIT Advisors, LLC, an indirect subsidiary of SmartStop, became the sponsor (our “Sponsor”) of our Public Offering of shares of our common stock, as described below. Our Sponsor owns 100% of Strategic Storage Advisor IV, LLC (our “Advisor”) and Strategic Storage Property Management IV, LLC (our “Property Manager”).

Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Latest filings (excl ownership)
15-12G
Securities registration termination
26 Mar 21
EFFECT
Notice of effectiveness
25 Mar 21
RW
Registration withdrawal request
17 Mar 21
S-3DPOS
Registration of securities, dividend or interest reinvestment plans, immediately effective (post-effective amendment)
17 Mar 21
POS AM
Prospectus update (post-effective amendment)
17 Mar 21
8-K
SmartStop Self Storage REIT, Inc. Closes Acquisition of Strategic
17 Mar 21
8-K
Submission of Matters to a Vote of Security Holders
11 Mar 21
425
Business combination disclosure
11 Mar 21
8-K
Departure of Directors or Certain Officers
26 Feb 21
DEFA14A
Additional proxy soliciting materials
27 Jan 21
Latest ownership filings
4
Dean I. Ader
19 Mar 21
4
Alexander S. Vellandi
19 Mar 21
4
Alexander S. Vellandi
11 Jun 20
4
Dean I. Ader
11 Jun 20
3
Nicholas Look
10 Jul 19
4
James L. Berg
10 Jul 19
4
Alexander S. Vellandi
11 Jun 19
4
Dean I. Ader
11 Jun 19
SC 13G
Strategic Storage Trust IV, Inc.
15 Feb 19
4
Alexander S. Vellandi
13 Jun 18
Financial summary
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Annual (USD) | Dec 19 | Dec 18 | Dec 17 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
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Cash on hand (at last report) | 10.78 mm | 10.78 mm | 10.78 mm | 10.78 mm | 10.78 mm | 10.78 mm |
Cash burn (monthly) | 815.36 k | (no burn) | 448.74 k | 542.88 k | (no burn) | (no burn) |
Cash used (since last report) | 29.20 mm | n/a | 16.07 mm | 19.44 mm | n/a | n/a |
Cash remaining | -18.42 mm | n/a | -5.29 mm | -8.66 mm | n/a | n/a |
Runway (months of cash) | -22.6 | n/a | -11.8 | -16.0 | n/a | n/a |