UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

Current Report

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~July~~September 92, 2020

Strategic Storage Trust IV, Inc.

(Exact name of registrant as specified in its charter)

Maryland

(State or other jurisdiction of incorporation)

000-55928

(Commission File Number)

81-2847976

(IRS Employer Identification No.)

10 Terrace Road, Ladera Ranch, California 92694

(Address of principal executive offices, including zip code)

(877) 327-3485

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class		Trading Symbol(s)		Name of Each Exchange on Which Registered
None		None		None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒

Item 1.01. Entry into a Material Definitive Agreement.

~~Pursuant~~As topreviously ~~a joint venture arrangement with SmartCentres Real Estate Investment Trust (“SmartCentres REIT”)~~disclosed, ~~subsidiaries of~~ Strategic Storage Trust IV, Inc. (the “Company”), ~~have~~through ~~entered~~four ~~into~~special ~~four~~purpose ~~joint~~entities ~~venture~~(the ~~projects~~“Original ~~with~~Borrowers”), ~~subsidiaries~~entered ofinto ~~SmartCentres~~an ~~REIT~~approximately to$31.5 ~~develop~~million ~~and~~financing ~~operate~~with ~~self~~TCF ~~storage~~National ~~facilities~~Bank on(“TCF”) ~~tracts~~as oflender ~~land~~pursuant ~~located~~to ina term loan (the ~~cities~~“Loan”). ofOn ~~Oshawa,~~September ~~Leaside~~2, ~~Bramport~~2020, ~~and~~the ~~Vaughan~~Company, ~~each in~~ the ~~Greater~~Original ~~Toronto~~Borrowers ~~Area~~and ofTCF ~~Canada~~amended ~~(collectively,~~ the ~~“JV~~Loan ~~Properties”).~~by ~~Each~~adding ~~tract~~an ofadditional ~~land~~borrower isto ~~owned~~the byLoan aand ~~limited~~an ~~partnership~~additional inproperty ~~which~~as ~~each~~collateral ofsecuring the ~~Company~~Loan ~~and~~in ~~SmartCentres~~exchange ~~REIT,~~for ~~through~~an ~~their~~increase ~~respective~~to ~~subsidiaries,~~the ~~hold~~Loan acommitment ~~50% limited partnership interest~~ (the “JVLoan ~~Partnerships~~Amendment”).

OnPlease ~~July~~see 9,Item ~~2020,~~2.03 ~~the~~below ~~Company~~for ~~and SmartCentres REIT, through the JV Partnerships, entered into~~ a ~~master~~description ~~mortgage~~of ~~commitment agreement (~~the ~~“MMCA”)~~Loan ~~with~~Amendment. ~~SmartCentres~~The ~~Storage~~information ~~Finance~~set LPforth ~~(the~~under ~~“SmartCentres~~Item ~~Lender”)~~2.03 ~~(collectively,~~of ~~the~~this ~~“SmartCentres~~Current ~~Financing”).~~Report ~~The~~on ~~SmartCentres~~Form ~~Lender~~8-K is anincorporated ~~affiliate~~by ofreference ~~SmartCentres~~into ~~REIT~~this Item 1.01.

Please see Item 2.03 below for a description of the SmartCentres Financing. The information set forth under Item 2.03 of this Current Report on Form 8-K is incorporated herein by reference.

Item 2.03.

Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

As described in Item 1.01, above, on ~~July~~September 92, 2020, the Company, the Original Borrowers and ~~SmartCentres~~TCF ~~REIT,~~entered ~~through~~into the JVLoan ~~Partnerships~~Amendment, ~~entered~~whereby ~~into~~a special purpose entity of the ~~SmartCentres~~Company ~~Financing~~owning ~~with~~an ~~SmartCentres~~unencumbered ~~Lender~~property joined in and assumed the Loan as a co-borrower and pledged its property as additional collateral for the Loan. ~~The~~Accordingly, ~~initial~~the ~~maximum~~Company ~~amount~~received ~~available~~an isincrease of approximately $609.2 million ~~CAD,~~to ~~however~~the Loan commitment, which was immediately drawn by the ~~SmartCentres~~Company ~~Financing~~(the ~~includes~~“Additional Proceeds”), for an ~~accordion~~aggregate ~~feature~~commitment ~~such~~of ~~that~~approximately ~~borrowings~~$40.8 ~~pursuant~~million ~~thereto~~and ~~may~~a betotal ~~increased~~outstanding toLoan balance of approximately $~~120~~40.2 million. ~~CAD~~The ~~subject~~Company remains a limited recourse guarantor with respect to ~~certain~~the ~~conditions~~Loan ~~set~~during ~~forth~~the initial term. Other than as described in the ~~MMCA.~~foregoing, ~~The~~none ~~proceeds~~of the other material terms of the ~~SmartCentres~~Loan ~~Financing~~were ~~will~~changed beby ~~used~~the Loan Amendment. The Company intends to ~~finance~~use the ~~development~~Additional ~~and~~Proceeds ~~construction~~to ofpay ~~self~~down ~~storage~~the ~~facilities~~outstanding balance on ~~the~~its JVrevolving ~~Properties~~loan with KeyBank, National Association.

The ~~SmartCentres~~information ~~Financing~~set isforth ~~secured~~above byin ~~first~~this ~~mortgages~~Item on2.03 ~~each~~does ofnot ~~the~~purport JVto ~~Properties. Interest~~be oncomplete ~~the~~and ~~SmartCentres Financing~~ is aqualified ~~variable~~in ~~annual~~its ~~rate~~entirety ~~equal~~by to the ~~aggregate~~full text of: ~~(i)~~ the BAdocuments ~~Equivalent~~attached ~~Rate,~~to ~~plus:~~this ~~(ii)~~Current aReport ~~margin based~~ on ~~the~~Form ~~External~~8-K ~~Credit Rating, plus (iii) a margin under the Senior Credit Facility, each~~ as ~~defined~~Exhibits 10.1 and ~~described further in the MMCA~~10.2, ~~The~~which ~~total~~are ~~initial~~incorporated ~~interest~~into ~~rate~~this ~~was~~Item ~~approximately 3~~2.0%03 atby ~~the execution of the SmartCentres Financing~~reference.

The SmartCentres Financing matures on May 11, 2021, and may be extended annually as set forth in the MMCA. Monthly interest payments are initially capitalized on the outstanding principal balance. Upon a JV Property generating sufficient Net Cash Flow (as defined in the MMCA), the SmartCentres Financing provides for the commencement of quarterly payments of interest. The borrowings advanced pursuant to the SmartCentres Financing may be prepaid without penalty, subject to certain conditions set forth in the MMCA.

The SmartCentres Financing contains customary affirmative and negative covenants, agreements, representations, warranties and borrowing conditions (including a loan to value ratio of no greater than 70% with respect to each JV Property) and events of default, all as set forth in the MMCA.

The Company serves as a full recourse guarantor with respect to 50% of the SmartCentres Financing.

The information set forth above in this Item 2.03 does not purport to be complete and is qualified in its entirety by the full text of the document attached to this Current Report on Form 8-K as Exhibit 10.1, which is incorporated herein by reference.

Item 9.01Financial Statements and Exhibits.

(d) Exhibits

10.1 ~~Master~~First ~~Mortgage~~Amendment ~~Commitment~~to ~~Agreement~~Loan Documents, dated ~~July~~September 92, 2020

~~Signature(s)~~10.2 Amended and Restated Term Loan Promissory Note, in the principal amount of $40,782,500, by the borrowers listed thereto in favor of TCF National Bank, dated September 2, 2020

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	STRATEGIC STORAGE TRUST IV, Inc.
Date: July 15, 2020	By:	/s/ Matt F. Lopez
		Matt F. Lopez
		Chief Financial Officer and Treasurer

Strategic Storage Trust IV, Inc.

Date:September 9, 2020By:/s/ Matt F. Lopez

Name: Matt F. Lopez

Title:Chief Financial Officer and Treasurer

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