Sachem Capital Forms Strategic Alliance with Blackwells Capital

Sachem Capital (SACH) has issued an announcement.

Sachem Capital Corp. has struck a cooperation agreement with Blackwells Capital and allies, leading to Jeffery C. Walraven’s appointment to the company’s Board with a term ending at the 2024 Annual Meeting. Walraven’s notable background includes roles in public company accounting, corporate capital markets, and the real estate sector. This move comes as part of a larger accord with Blackwells, which includes voting agreements, standstill restrictions, and expense reimbursements, aiming to create stability in governance and align shareholder interests.

For a thorough assessment of SACH stock, go to TipRanks’ Stock Analysis page.