---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-006371"
form_type: "8-K"
ticker: "GBCS"
cik: "0000727346"
company_name: "SELECTIS HEALTH, INC."
filed_at: "2025-02-13T23:59:59+00:00"
generated_at: "2026-05-26T22:31:05.231328+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Selectis Health signs $27M deal to sell four Georgia skilled nursing facilities

## Summary
- Purchase agreements cover Glen Eagle (101 beds), Eastman (100 beds), Sparta (71 beds), and Warrenton (110 beds).
- Aggregate purchase price $27.0M; $500k deposit placed into escrow with Landmark Abstract.
- Closing expected by May 1, 2025, subject to due diligence, regulatory approvals, and customary conditions.
- Operations transfer agreements also executed to transition operations to buyer-affiliated operators.

## SEC filing metadata
- accession: 0001493152-25-006371
- form_type: 8-K
- ticker: GBCS
- cik: 0000727346
- company_name: SELECTIS HEALTH, INC.
- filed_at: 2025-02-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/727346/000149315225006371/0001493152-25-006371-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/727346/000149315225006371/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-006371
- JSON: https://secwatch.observer/filing/0001493152-25-006371.json
- Plain text: https://secwatch.observer/filing/0001493152-25-006371.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.