SNDA

Sonida Senior Living, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call

Retrieved on: 
Tuesday, March 12, 2024

Sonida Senior Living, Inc. (NYSE: SNDA) (“Sonida” or “the Company”) announced today that it will issue its fourth quarter and full year 2023 earnings release before the market opens for trading on the New York Stock Exchange on Wednesday, March 27, 2024.

Key Points: 
  • Sonida Senior Living, Inc. (NYSE: SNDA) (“Sonida” or “the Company”) announced today that it will issue its fourth quarter and full year 2023 earnings release before the market opens for trading on the New York Stock Exchange on Wednesday, March 27, 2024.
  • A conference call to discuss those earnings will be held on the same day, Wednesday, March 27, 2024, at 12:30 p.m. Eastern Time.
  • The Company will file its 2023 Form 10-K on Wednesday, March 27, 2024.
  • The conference call will be recorded and available for replay starting March 28, 2024, through April 11, 2024.

Sonida Senior Living Announces $47.75 Million Equity Raise to Fund Discounted Debt Purchase, Accretive Capital Investments within the Existing Portfolio and Acquisitions

Retrieved on: 
Tuesday, February 6, 2024

The shares were issued at $9.50 per share, a 5% premium to the 30-day volume weighted average price prior to closing.

Key Points: 
  • The shares were issued at $9.50 per share, a 5% premium to the 30-day volume weighted average price prior to closing.
  • The holders of a majority of the Company’s voting securities have agreed to vote in favor of such an increase.
  • The Company’s debt has a weighted-average remaining term of 3.7 years, with only $31.8 million maturing prior to December 2026.
  • The capital earmarked for growth is expected to provide certainty and speed in executing on near-term, bolt-on investment opportunities as they arise.

Sonida Senior Living Names Tabitha Obenour Chief Clinical Officer

Retrieved on: 
Friday, November 3, 2023

Sonida Senior Living, Inc. (the “Company” or “Sonida Senior Living”) (NYSE: SNDA), a leading owner-operator of senior living communities and services, announced the appointment of Tabitha Obenour as Vice President and Chief Clinical Officer, effective November 1, 2023.

Key Points: 
  • Sonida Senior Living, Inc. (the “Company” or “Sonida Senior Living”) (NYSE: SNDA), a leading owner-operator of senior living communities and services, announced the appointment of Tabitha Obenour as Vice President and Chief Clinical Officer, effective November 1, 2023.
  • Obenour joins Sonida from senior living provider Enlivant where she served as the company’s Vice President of Clinical Quality and Compliance.
  • A clinical leader with 20 years’ experience, Tabitha has a deep understanding of clinical risk management, regulatory compliance and governance, as well as the business acumen to lead transformative initiatives that propel growth and elevate clinical products,” said Brandon Ribar, President and CEO.
  • She started as Director of Nursing prior to becoming the company’s leader of clinical operations, overseeing clinical operations for 21 skilled nursing centers.

Sonida Senior Living Announces Third Quarter 2023 Earnings Release Date and Conference Call

Retrieved on: 
Friday, November 3, 2023

Sonida Senior Living, Inc. (NYSE: SNDA) (“Sonida” or “the Company”) announced today that it will issue its Third Quarter 2023 earnings release before the market opens for trading on the New York Stock Exchange on Tuesday, November 14, 2023.

Key Points: 
  • Sonida Senior Living, Inc. (NYSE: SNDA) (“Sonida” or “the Company”) announced today that it will issue its Third Quarter 2023 earnings release before the market opens for trading on the New York Stock Exchange on Tuesday, November 14, 2023.
  • A conference call to discuss those earnings will be held on Tuesday, November 14, 2023, at 4:00 p.m. Eastern Time.
  • A link to a simultaneous webcast of the teleconference will be available here through Windows Media Player or RealPlayer.
  • The conference call will be recorded and available for replay starting November 15, 2023, through November 29, 2023.

Sonida Senior Living Announces Completion of Loan Modifications with Fannie Mae and Updated Performance Highlights Through Q3

Retrieved on: 
Tuesday, October 10, 2023

Sonida Senior Living, Inc. (the “Company,” “Sonida,”) (NYSE: SNDA), a leading owner-operator of communities and services for seniors, announced the execution of its loan modifications with Fannie Mae in tandem with strong September and Q3 2023 occupancy growth.

Key Points: 
  • Sonida Senior Living, Inc. (the “Company,” “Sonida,”) (NYSE: SNDA), a leading owner-operator of communities and services for seniors, announced the execution of its loan modifications with Fannie Mae in tandem with strong September and Q3 2023 occupancy growth.
  • On October 2, 2023, Sonida and Fannie Mae entered into loan modification agreements covering all 37 Fannie Mae mortgaged communities, which finalizes the previously announced comprehensive restructuring.
  • The terms of the Fannie Mae loan modifications were consistent with those set forth in the June 29, 2023 forbearance agreement.
  • Key elements of the loan modifications include:
    All maturities under the 37 Fannie Mae loans have been extended to December 2026 or later.

Ebix Signs Agreement with Lenders Regarding Credit Facility

Retrieved on: 
Monday, October 2, 2023

Ms. LaPuma and Ms. Krueger will also serve on the strategic investment committee of the Board.

Key Points: 
  • Ms. LaPuma and Ms. Krueger will also serve on the strategic investment committee of the Board.
  • She currently serves on the Board of Sonida Senior Living (NYSE: SNDA) and iMedia Brands, Inc., a global interactive media company.
  • Ms. LaPuma is a board member for other businesses within the fintech, artificial intelligence, healthcare, consumer, and real estate sectors.
  • Ms. LaPuma’s earlier career includes roles at BlackRock, Lazard Frères & Co. LLC, Credit Suisse and Perella Weinberg Partners L.P.

Greener, More Nutritious, More Intelligent, Mengniu Leads the New World of the Dairy Industry till 2049

Retrieved on: 
Sunday, August 6, 2023

Marking the 24th anniversary of Mengniu Group, the conference focused on the ambitious goal for 2049, symbolizing a second century of effort.

Key Points: 
  • Marking the 24th anniversary of Mengniu Group, the conference focused on the ambitious goal for 2049, symbolizing a second century of effort.
  • View the full release here: https://www.businesswire.com/news/home/20230806020453/en/
    Greener, More Nutritious, More Intelligent, Mengniu Leads the New World of the Dairy Industry till 2049 (Photo: Business Wire)
    Jeffrey Lu, the President of Mengniu Group, declared at the appreciation meeting that Mengniu will collectively focus its efforts on sustainability, innovation, digital intelligence, and branding.
  • Looking towards 2049, sustainable development emerges as the inevitable choice for the high-quality growth of the global dairy industry.
  • Mengniu has become an official sponsor of the FIFA World Cup 2026™, the FIFA Women's World Cup 2027™, and the 2030 edition of the FIFA World Cup™.

Sonida Senior Living Announces Second Quarter 2023 Earnings Release Date and Conference Call

Retrieved on: 
Wednesday, August 2, 2023

Sonida Senior Living, Inc. (NYSE: SNDA) (“Sonida” or “the Company”) announced today that it will issue its Second Quarter 2023 earnings release before the market opens for trading on the New York Stock Exchange on Monday, August 14, 2023.

Key Points: 
  • Sonida Senior Living, Inc. (NYSE: SNDA) (“Sonida” or “the Company”) announced today that it will issue its Second Quarter 2023 earnings release before the market opens for trading on the New York Stock Exchange on Monday, August 14, 2023.
  • A conference call to discuss those earnings will be held on Monday, August 14, 2023, at 12:30 p.m. Eastern Time.
  • A link to a simultaneous webcast of the teleconference will be available here through Windows Media Player or RealPlayer.
  • The conference call will be recorded and available for replay starting August 15, 2023, through August 29, 2023.

Sonida Senior Living Strengthens Financial Position and Enhances Leadership Team to Position Company for Sustainable Growth

Retrieved on: 
Wednesday, July 5, 2023

Sonida Senior Living, Inc. (the “Company”) (NYSE: SNDA), a leading owner-operator of communities and services for seniors, announced several steps the Company has taken to enhance its financial position and strategic capabilities.

Key Points: 
  • Sonida Senior Living, Inc. (the “Company”) (NYSE: SNDA), a leading owner-operator of communities and services for seniors, announced several steps the Company has taken to enhance its financial position and strategic capabilities.
  • The forbearance and subsequent loan modification provide the Company with additional financial flexibility to build on its strong operational momentum and pursue its strategic growth plan.
  • The Company expects the loan modification to be finalized by September 30, 2023, per the terms of the forbearance agreement.
  • “This combination of growth, and operationally-focused senior talent demonstrates our commitment to each of these critical areas of our business.”

U.S. News & World Report Recognizes 35 Sonida Senior Living Communities with Best Senior Living Award 2023-2024

Retrieved on: 
Wednesday, May 24, 2023

Sonida Senior Living, Inc. (the “Company” or “Sonida Senior Living”) (NYSE: SNDA), a leading owner-operator of senior living communities and services announced that 35 of its communities received designations of Best Independent Living, Best Assisted Living, and/or Best Memory Care on U.S. News & World Report’s Best Senior Living Communities 2023.

Key Points: 
  • Sonida Senior Living, Inc. (the “Company” or “Sonida Senior Living”) (NYSE: SNDA), a leading owner-operator of senior living communities and services announced that 35 of its communities received designations of Best Independent Living, Best Assisted Living, and/or Best Memory Care on U.S. News & World Report’s Best Senior Living Communities 2023.
  • Several of the communities received awards in multiple categories.
  • “We are honored to have many of our communities recognized as the best in senior living for the second consecutive year and to see additional communities join the list for 2023.
  • U.S. News awards the designation of Best Senior Living only to those communities that satisfy U.S. News' statistical assessment of performance on consumer satisfaction surveys administered between April 2022 and November 2022, reflecting the viewpoints of more than 200,000 current residents and family members of residents living in thousands of senior living communities nationwide.