---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-029572"
form_type: "8-K"
ticker: "GBCS"
cik: "0000727346"
company_name: "SELECTIS HEALTH, INC."
filed_at: "2025-12-30T23:59:59+00:00"
generated_at: "2026-05-16T12:03:13.439551+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Selectis Health extends $1.775M notes to Feb 2026, interest rate raised to 13%

## Summary
- Maturity extended to Feb 28, 2026 or earlier upon Qualified Transaction; 30-day extensions possible with 0.5% fee.
- Interest rate increased from 11% to 13% per annum effective Jan 1, 2026.
- Warrants extended to Dec 31, 2027; exercise price unchanged at $2.25 per share.
- Kent Lund and Lance Baller appointed to Board of Directors effective Jan 1, 2026.
- Solicitation fee of $9,000 paid to GVC Capital LLC in connection with the amendment.

## SEC filing metadata
- accession: 0001493152-25-029572
- form_type: 8-K
- ticker: GBCS
- cik: 0000727346
- company_name: SELECTIS HEALTH, INC.
- filed_at: 2025-12-30T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.03, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/727346/000149315225029572/0001493152-25-029572-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/727346/000149315225029572/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-029572
- JSON: https://secwatch.observer/filing/0001493152-25-029572.json
- Plain text: https://secwatch.observer/filing/0001493152-25-029572.txt

## Key facts
- Equity Issuances
  SELECTIS HEALTH, INC. issued convertible note.
  - Security: convertible note
  source text: Effective December 31, 2025, the Company entered into a Third Amended and Restated Allonge and Modification Agreement (the “Third Allonge”) with the holders of more than a majority in interest in the Company’s 2018 11% Senior Secured Promissory Notes (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/727346/000149315225029572/0001493152-25-029572-index.htm

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