Selectis Health, Inc. 8-K Filing
Ticker: GBCS · Form: 8-K · Filed: May 8, 2024 · CIK: 727346
| Field | Detail |
|---|---|
| Company | Selectis Health, Inc. (GBCS) |
| Form Type | 8-K |
| Filed Date | May 8, 2024 |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $6,750,000 |
| Sentiment | neutral |
Sentiment: neutral
FAQ
What type of filing is this?
This is a 8-K filing submitted by Selectis Health, Inc. (ticker: GBCS) to the SEC on May 8, 2024.
What are the key financial figures in this filing?
Key dollar amounts include: $6,750,000 (n Seven Hundred Fifty Thousand Dollars ($6,750,000), subject to certain prorations, holdba).
How long is this filing?
Selectis Health, Inc.'s 8-K filing is 2 pages with approximately 493 words. Estimated reading time is 2 minutes.
Where can I view the full 8-K filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 493 words · 2 min read · ~2 pages · Grade level 13.3 · Accepted 2024-05-08 17:09:48
Key Financial Figures
- $6,750,000 — n Seven Hundred Fifty Thousand Dollars ($6,750,000), subject to certain prorations, holdba
Filing Documents
- form8-k.htm (8-K) — 34KB
- ex10-1.htm (EX-10.1) — 16KB
- ex10-1_001.jpg (GRAPHIC) — 3237KB
- ex10-1_002.jpg (GRAPHIC) — 3402KB
- ex10-1_003.jpg (GRAPHIC) — 2780KB
- ex10-1_004.jpg (GRAPHIC) — 2719KB
- ex10-1_005.jpg (GRAPHIC) — 2681KB
- ex10-1_006.jpg (GRAPHIC) — 2711KB
- ex10-1_007.jpg (GRAPHIC) — 2964KB
- ex10-1_008.jpg (GRAPHIC) — 1583KB
- ex10-1_009.jpg (GRAPHIC) — 1213KB
- ex10-1_010.jpg (GRAPHIC) — 957KB
- ex10-1_011.jpg (GRAPHIC) — 630KB
- ex10-1_012.jpg (GRAPHIC) — 781KB
- ex10-1_013.jpg (GRAPHIC) — 322KB
- ex10-1_014.jpg (GRAPHIC) — 2736KB
- ex10-1_015.jpg (GRAPHIC) — 2283KB
- ex10-1_016.jpg (GRAPHIC) — 696KB
- ex10-1_017.jpg (GRAPHIC) — 875KB
- ex10-1_018.jpg (GRAPHIC) — 762KB
- 0001493152-24-018264.txt ( ) — 46114KB
- gbcs-20240501.xsd (EX-101.SCH) — 3KB
- gbcs-20240501_lab.xml (EX-101.LAB) — 33KB
- gbcs-20240501_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 3KB
From the Filing
UNITED 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): May 1, 2024 SELECTIS HEALTH, INC. (Exact Name of Registrant as Specified in its Charter) Utah 0-15415 87-0340206 (State or other jurisdiction of incorporation) Commission File Number (I.R.S. Employer Identification number) 8480 E. Orchard Road , Ste. 4900 , Greenwood Village , CO 80111 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (720) 680-0808 (Former name or former address, if changed since last report) Written communications pursuant to Rule 425 under the Securities Act Soliciting material pursuant to Rule 14a-12 under the Exchange Act Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act Securities registered pursuant to Section 12(b) of the Act: Title of each Class Trading Symbol Name of each exchange on which registered N/A N/A N/A Indicate by check mark whether the registrant is an emerging growth company as dened 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 nancial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ITEM 1.01 ENTRY INTO DEFINITIVE MATERIAL AGREEMENTS Purchase and Sale Agreement On May 1, 2024, Selectis Health, Inc., a Utah corporation (the " Company ") caused its wholly-owned subsidiary Goodwill Hunting, LLC, a Georgia limited liability company (" Seller ") to execute and deliver a definitive Purchase and Sale Agreement (" PSA ") with Bibb County Holdings II, LLC, a Georgia limited liability company (" Purchaser "); pursuant to which the Seller agreed to sell certain real property located in Macon, Bibb County, Georgia identified as Bibb County Tax Parcels P1030040, P1030254, P1030253, P1030043, P1030052, and P1030252 including that certain skilled nursing facility known as "Archway Transitional Care Center" located at 4373 Houston Avenue, Macon, Bibb County, 31206 (the "Archway Property"). The purchase price to be paid by Purchaser for the Archway Property is Six Million Seven Hundred Fifty Thousand Dollars ($6,750,000), subject to certain prorations, holdbacks and adjustments customary in transactions of this nature. Consummation of the PSA is contingent upon satisfactory completion of certain conditions customary in transactions of this nature. There can be no assurance that the PSA will be consummated. ITEM 9.01 FINANCIAL 10.1 Purchase and Sale Agreement 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 thereunto duly authorized. Selectis Health, Inc. (Registrant) Dated: May 8, 2024 /s/ Adam Desmond Adam Desmond, Interim CEO