{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-015664","form_type":"8-K","ticker":"GBCS","cik":"0000727346","company_name":"SELECTIS HEALTH, INC.","filed_at":"2024-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.837376+00:00","generated_at":"2026-06-03T12:52:07.116024+00:00","sec_items":["2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Selectis Health secures $750K line of credit at 8.5% due April 2025","bullets":["Entered into Commercial Line of Credit Agreement and Note with Southern Bank for $750,000 principal limit.","Fixed interest rate of 8.50% per annum.","Maturity date of April 12, 2025.","Funds available for general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-015664","json":"https://secwatch.observer/filing/0001493152-24-015664.json","markdown":"https://secwatch.observer/filing/0001493152-24-015664.md","text":"https://secwatch.observer/filing/0001493152-24-015664.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/727346/000149315224015664/0001493152-24-015664-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/727346/000149315224015664/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T12:52:07.116024+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fa16d8964b674225de40d6144c66c7d6d5203717","claim":"SELECTIS HEALTH, INC. incurred credit facility of $750,000 with Southern Bank at 8.50% per annum maturing April 12, 2025.","evidence_excerpt":"On April 12, 2024, Selectis Health, Inc., a Utah corporation (the \"Company\") entered into a Commercial Line of Credit Agreement and Note with Southern Bank for a line of credit in the principal amount limit of $750,000 at a fixed interest rate of 8.50% per annum with a Maturity Date of April 12, 2025.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/727346/000149315224015664/0001493152-24-015664-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$750,000"},{"label":"Counterparty","value":"Southern Bank"},{"label":"Rate","value":"8.50% per annum"},{"label":"Maturity","value":"April 12, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}