{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-025023","form_type":"8-K","ticker":"GBCS","cik":"0000727346","company_name":"SELECTIS HEALTH, INC.","filed_at":"2024-06-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.838365+00:00","generated_at":"2026-06-01T02:21:04.620912+00:00","sec_items":["2.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Selectis Health sells Georgia skilled nursing facility for $6.75M, reduces debt","bullets":["Sold Archway Transitional Care Center 1 in Macon, GA for $6.75M; buyer was lessee since 2016.","Proceeds reduced short-term debt by $150k and current maturities by $4.48M; cash increased $1.59M.","Pro forma net income attributable to common: $317.9k (Q1 2024) and $2.35M (FY23), vs. actual losses.","Sale closed June 18, 2024; PSA originally filed May 8, 2024 as Exhibit to prior 8-K."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-025023","json":"https://secwatch.observer/filing/0001493152-24-025023.json","markdown":"https://secwatch.observer/filing/0001493152-24-025023.md","text":"https://secwatch.observer/filing/0001493152-24-025023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/727346/000149315224025023/0001493152-24-025023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/727346/000149315224025023/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T02:21:04.620912+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":"62408d034fae09c67a5f1e7995fa269bc5132e1c","claim":"SELECTIS HEALTH, INC. completed a disposition involving Bibb County Holdings II, LLC for $6.75 million (closed 2024-06-18).","evidence_excerpt":"with the original Purchase and Sale Agreement (the “PSA”) executed on May 1, 2024, Bibb County Holdings II, LLC (the “Purchaser”) has purchased the Archway Property for $6.75 million. The sale was completed on June 18, 2024. A copy of the PSA was previously filed as an exhibit to the Company’s Current Report on Form 8-K dated May 1, 2024 and filed with","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/727346/000149315224025023/0001493152-24-025023-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Bibb County Holdings II, LLC"},{"label":"Consideration","value":"$6.75 million"},{"label":"Closing","value":"2024-06-18"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}