---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-001919"
form_type: "8-K/A"
ticker: "GBCS"
cik: "0000727346"
company_name: "SELECTIS HEALTH, INC."
filed_at: "2022-01-21T23:59:59+00:00"
generated_at: "2026-06-27T16:39:00.738574+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Selectis Health converts $795K of 11% Notes to 159K shares to boost net equity above $4M

## Summary
- Converted additional $165K in 11% Senior Secured Notes for 33K shares at $5/share on Jan 17, 2022.
- Total Exchange Offering: $795K principal exchanged for 159K shares issued to 15 Note holders.
- Exchange intended to increase net equity above $4M to support exchange listing approval.
- Paid $8,200 solicitation fee to GVC Capital for converting client-held Notes.
- Shares issued as restricted securities under Section 4(a)(2) exemption from registration.

## SEC filing metadata
- accession: 0001493152-22-001919
- form_type: 8-K/A
- ticker: GBCS
- cik: 0000727346
- company_name: SELECTIS HEALTH, INC.
- filed_at: 2022-01-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/727346/000149315222001919/0001493152-22-001919-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/727346/000149315222001919/form8-ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-001919
- JSON: https://secwatch.observer/filing/0001493152-22-001919.json
- Plain text: https://secwatch.observer/filing/0001493152-22-001919.txt

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