Selectis Health Files 8-K

Ticker: GBCS · Form: 8-K · Filed: May 9, 2024 · CIK: 727346

Selectis Health, Inc. 8-K Filing Summary
FieldDetail
CompanySelectis Health, Inc. (GBCS)
Form Type8-K
Filed DateMay 9, 2024
Risk Levellow
Pages2
Reading Time2 min
Key Dollar Amounts$6.75 m
Sentimentneutral

Sentiment: neutral

Topics: 8-K, disclosure, financials

TL;DR

SELECTIS HEALTH (SLCT) filed an 8-K on 5/9/24 for Reg FD disclosure & financials.

AI Summary

Selectis Health, Inc. filed an 8-K on May 9, 2024, to report a Regulation FD Disclosure and Financial Statements and Exhibits. The company, formerly known as Global Healthcare REIT, Inc., is incorporated in Utah and headquartered in Greenwood Village, Colorado.

Why It Matters

This filing provides important updates and financial information for Selectis Health, Inc., which is relevant for investors and stakeholders tracking the company's performance and regulatory compliance.

Risk Assessment

Risk Level: low — This is a routine filing of an 8-K, indicating standard corporate reporting rather than a significant event.

Key Players & Entities

  • Selectis Health, Inc. (company) — Registrant
  • Global Healthcare REIT, Inc. (company) — Former company name
  • Global Casinos Inc (company) — Former company name
  • Morgro Chemical Co (company) — Former company name
  • May 9, 2024 (date) — Date of earliest event reported

FAQ

What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to report a Regulation FD Disclosure and to provide Financial Statements and Exhibits.

What is the exact name of the registrant?

The exact name of the registrant is Selectis Health, Inc.

In which state is Selectis Health, Inc. incorporated?

Selectis Health, Inc. is incorporated in Utah.

What is the business address of Selectis Health, Inc.?

The business address is 8480 E. Orchard Road, Suite 4900, Greenwood Village, CO 80111.

What were some of the previous names of Selectis Health, Inc.?

Previous names include Global Healthcare REIT, Inc., Global Casinos Inc, and Morgro Chemical Co.

Filing Stats: 604 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2024-05-09 17:24:44

Key Financial Figures

  • $6.75 m — ed to purchase the Archway Property for $6.75 million, subject to certain prorations, h

Filing Documents

01

ITEM 7.01 REGULATION FD DISCLOSURE On May 9, 2024 Selectis Health, Inc. (OTC: GBCS) ("Selectis" or the "Company") issued a press release announcing that its wholly-owned subsidiary, Goodwill Hunting, LLC (the "Seller"), has executed and delivered a definitive Purchase and Sale Agreement (the "PSA") to sell certain real property located in Macon, Bibb County, Georgia, including the skilled nursing facility known as Archway Transitional Care Center 1 (collectively, "the Archway Property"). Pursuant to the PSA, Bibb County Holdings II, LLC (the "Purchaser") has agreed to purchase the Archway Property for $6.75 million, subject to certain prorations, holdbacks, and adjustments customary in transactions of this nature. A copy of the PSA was previously filed as an exhibit to the Company's Current Report on Form 8-K dated May 1, 2024 and filed with the Securities and Exchange Commission on May 8, 2024. A copy of the press release is filed herewith as Exhibit 99.1 The information in this Current Report on Form 8-K furnished pursuant to Item 7.01, including Exhibit 99.1, shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to liability under that section, and they shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. By filing this Current Report on Form 8-K and furnishing this information pursuant to Item 7.01, The Company makes no admission as to the materiality of any information in this Current Report on Form 8-K, including Exhibit 99.1, that is required to be disclosed solely by Regulation FD.

01

ITEM 9.01 EXHIBITS Item Title 99.1 Press Release 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 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 9, 2024 /s/ Adam Desmond Adam Desmond, CEO

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