Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
SELECTIS HEALTH, INC. entered into Purchase and Sale Agreement with Bibb County Holdings II, LLC valued at Six Million Seven Hundred Fifty Thousand Dollars ($6,750,000) (effective 2024-05-01).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- Bibb County Holdings II, LLC
- Value
- Six Million Seven Hundred Fifty Thousand Dollars ($6,750,000)
- Effective
- 2024-05-01
Exact text from the filing
On May 1, 2024, Selectis Health, Inc., a Utah corporation (the “ Company ”) caused its wholly-owned subsidiary Goodwill Hunting, LLC, a Georgia limited liability company (“ Seller ”) to execute and deliver a definitive Purchase and Sale Agreement (“ PSA ”) with Bibb County Holdings II, LLC, a Georgia limited liability company (“ Purchaser ”); pursuant to which the Seller agreed to sell certain real property located in Macon, Bibb County, Georgia identified as Bibb County Tax Parcels P1030040, P1030254, P1030253, P1030043, P1030052, and P1030252 including that certain skilled nursing facility known as “Archway Transitional Care Center” located at 4373 Houston Avenue, Macon, Bibb County, 31206 (the “Archway Property”).
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