secwatch.observer — SEC 8-K summary
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Issuer:     SELECTIS HEALTH, INC. (GBCS)
CIK:        0000727346
Form:       8-K
Filed at:   2024-03-25T23:59:59+00:00
Accession:  0001493152-24-011167
Event type: other
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Selectis Health Board approves standard Indemnity Agreement for directors and officers
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- Board approved form of Indemnity Agreement effective March 18, 2024, for all directors and officers.
- Agreement provides mandatory indemnification and advancement of expenses to fullest extent under Utah law.
- Company will maintain D&O insurance if Board deems it economically reasonable.
- No specific officers or directors named; agreement is a blank template applicable to all.
- Routine governance measure; no change in compensation or leadership for any individual.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/727346/000149315224011167/0001493152-24-011167-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/727346/000149315224011167/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-011167

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