secwatch.observer — SEC 8-K summary
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Issuer:     REGIONAL HEALTH PROPERTIES, INC (RHEP)
CIK:        0001004724
Form:       8-K
Filed at:   2023-02-17T23:59:59+00:00
Accession:  0001493152-23-005479
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 3.03, 5.03, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regional Health Properties issues Series E Preferred Stock to facilitate charter amendment on Series A terms
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- Declared dividend of 1/1000th of a share of Series E Preferred Stock per common share, payable Feb 28, 2023 to holders of record Feb 27.
- Series E carries 1,000,000 votes/share but only votes on charter amendment to reduce Series A liquidation preference to $5, eliminate dividends, and increase shares.
- Shares of Series E not present at the shareholder meeting to vote on the amendment will be automatically redeemed for no consideration.
- At annual meeting, six directors elected; advisory say-on-pay approved (669,880 for, 604,155 against); auditor Cherry Bekaert ratified.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1004724/000149315223005479/0001493152-23-005479-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1004724/000149315223005479/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-005479

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