---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-000724"
form_type: "8-K"
ticker: "GBCS"
cik: "0000727346"
company_name: "SELECTIS HEALTH, INC."
filed_at: "2022-01-10T23:59:59+00:00"
generated_at: "2026-06-27T19:40:20.172742+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Selectis Health exchanges $640K debt for 128K shares at $5/share to boost equity for listing

## Summary
- Exchanged $640K principal of 2018 11% Senior Secured Promissory Notes for 128K common shares at $5.00/share.
- Transaction effective Dec 31, 2021; completed Jan 6, 2022; involved 13 note holders.
- Paid $6,100 solicitation fee to GVC Capital LLC for conversions by its clients.
- Exchange intended to raise net equity above $4M to support exchange listing application.

## SEC filing metadata
- accession: 0001493152-22-000724
- form_type: 8-K
- ticker: GBCS
- cik: 0000727346
- company_name: SELECTIS HEALTH, INC.
- filed_at: 2022-01-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/727346/000149315222000724/0001493152-22-000724-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/727346/000149315222000724/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-000724
- JSON: https://secwatch.observer/filing/0001493152-22-000724.json
- Plain text: https://secwatch.observer/filing/0001493152-22-000724.txt

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