---
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"
generated_at: "2026-05-16T09:24:50.967760+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Selectis Health sells two Georgia skilled nursing facilities for $13.175 million

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-003131
- JSON: https://secwatch.observer/filing/0001493152-26-003131.json
- Plain text: https://secwatch.observer/filing/0001493152-26-003131.txt

## Key facts
- M&A Transactions
  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).
  - Action: disposition
  - Counterparty: GA SNF SPARTA GA LLC and GA SNF WARRENTON GA LLC
  - Consideration: $13.175 million
  - Closing: 2026-01-15
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/727346/000149315226003131/0001493152-26-003131-index.htm

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