---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-035011"
form_type: "8-K"
ticker: "EMED"
cik: "0001715819"
company_name: "Electromedical Technologies, Inc"
filed_at: "2023-03-21T23:59:59+00:00"
generated_at: "2026-06-17T22:20:12.949886+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Electromedical sells headquarters property for $2M, leases it back for $9K/month

## Summary
- Sold real property at 16561 N. 92nd St., Scottsdale, AZ for $2,000,000. Net proceeds: $1,358,710.56.
- Sale extinguishes all outstanding mortgage debt on the property, including principal and interest.
- Entered one-year commercial lease for the same office (Unit D101) at $9,000 monthly rent.
- No relationship exists between the company and buyer Care National Healthcare Services, Inc.

## SEC filing metadata
- accession: 0001104659-23-035011
- form_type: 8-K
- ticker: EMED
- cik: 0001715819
- company_name: Electromedical Technologies, Inc
- filed_at: 2023-03-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1715819/000110465923035011/0001104659-23-035011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1715819/000110465923035011/tm2310172d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-035011
- JSON: https://secwatch.observer/filing/0001104659-23-035011.json
- Plain text: https://secwatch.observer/filing/0001104659-23-035011.txt

## Key facts
- M&A Transactions
  Electromedical Technologies, Inc completed a disposition involving Care National Healthcare Services, Inc. for $2,000,000.00 (closed 2023-03-15).
  - Action: disposition
  - Counterparty: Care National Healthcare Services, Inc.
  - Consideration: $2,000,000.00
  - Closing: 2023-03-15
  source text: On March 15, 2023, the Registrant and Care National Healthcare Services, Inc. ("Care National") closed a material definitive agreement. Pursuant to the terms of the agreement, the Registrant sold its real property located at 16561 N. 92nd Street, Ste. 101, Scottsdale, AZ 85260, to Care National in exchange for a purchase price of $2,000,000.00, with net proceeds to the Registrant of $1,358,710.56.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1715819/000110465923035011/0001104659-23-035011-index.htm
- Material Agreements
  Electromedical Technologies, Inc entered into a asset purchase with Care National Healthcare Services, Inc. valued at $2,000,000.00 (effective 2023-03-15).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Care National Healthcare Services, Inc.
  - Value: $2,000,000.00
  - Effective: 2023-03-15
  source text: On March 15, 2023, the Registrant and Care National Healthcare Services, Inc. ("Care National") closed a material definitive agreement. Pursuant to the terms of the agreement, the Registrant sold its real property located at 16561 N. 92nd Street, Ste. 101, Scottsdale, AZ 85260, to Care National in exchange for a purchase price of $2,000,000.00, with net proceeds to the Registrant of $1,358,710.56.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1715819/000110465923035011/0001104659-23-035011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.