{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-003131","form_type":"8-K","ticker":"GBCS","cik":"0000727346","company_name":"SELECTIS HEALTH, INC.","filed_at":"2026-01-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.593489+00:00","generated_at":"2026-05-16T09:24:50.967760+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Selectis Health sells two Georgia skilled nursing facilities for $13.175 million","bullets":["Sold Sparta (71-bed) and Warrenton (110-bed) facilities for aggregate $13.175M; escrow of $1.3M.","Net cash proceeds ~$12.8M used to repay mortgage ($5.8M), other debt, transaction costs; balance for working capital.","Pro forma net loss attributable to common: $(654)K for nine months Sep 30, 2025 (vs historical $(242)K); $(1.79)M for FY 2024 (vs $(2.45)M).","Pro forma total assets $34.5M, debt reduced to $24.5M from $30.3M; stockholders' equity becomes positive $3.0M."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-003131","json":"https://secwatch.observer/filing/0001493152-26-003131.json","markdown":"https://secwatch.observer/filing/0001493152-26-003131.md","text":"https://secwatch.observer/filing/0001493152-26-003131.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/727346/000149315226003131/0001493152-26-003131-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/727346/000149315226003131/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T09:24:50.967760+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":"a1a09ce33a664b277eb31eaa616afbf157043692","claim":"SELECTIS HEALTH, INC. completed a disposition involving GA SNF SPARTA GA LLC and GA SNF WARRENTON GA LLC for $13.175 million (closed 2026-01-15).","evidence_excerpt":"Facility” and together with the Sparta Facility, the “Facilities”). The purchase price to be paid by Purchaser for the two (2) Facilities under the PSA. was an aggregate of $13.175 million, subject to certain prorations, holdbacks and adjustments customary in transactions of this nature. The Purchaser had a balance of $1.3 million of escrow established at closing,","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/727346/000149315226003131/0001493152-26-003131-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"GA SNF SPARTA GA LLC and GA SNF WARRENTON GA LLC"},{"label":"Consideration","value":"$13.175 million"},{"label":"Closing","value":"2026-01-15"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}