{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-009320","form_type":"8-K","ticker":"GBCS","cik":"0000727346","company_name":"SELECTIS HEALTH, INC.","filed_at":"2026-03-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:37.593700+00:00","generated_at":"2026-05-15T18:23:46.052245+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Selectis Health agrees to sell two Georgia skilled nursing facilities for $15.7M","bullets":["Purchase price $15.7M for Glen Eagle (101-bed) and Eastman (100-bed) facilities in Georgia.","Closing expected around June 1, 2026, subject to due diligence and regulatory approvals.","Due diligence period ends April 22, 2026; $314K total deposit required.","Operations transfer agreement signed with buyer affiliates for facility management.","No assurance transaction will close; stock not listed on national exchange."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-009320","json":"https://secwatch.observer/filing/0001493152-26-009320.json","markdown":"https://secwatch.observer/filing/0001493152-26-009320.md","text":"https://secwatch.observer/filing/0001493152-26-009320.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/727346/000149315226009320/0001493152-26-009320-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/727346/000149315226009320/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T18:23:46.052245+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":"6d395f4fe27f2a29d5c310e78e4f5c67e5f41669","claim":"SELECTIS HEALTH, INC. entered into Purchase and Sale Agreement with Abbeville Crossing Propco of Journey LLC and Eastman Trails Propco of Journey LLC valued at $15,700,000.00 (effective 2026-03-05).","evidence_excerpt":"Effective on March 5, 2026, Selectis Health, Inc., a Utah corporation (the “ Company ”) caused two of the Company’s wholly-owned subsidiaries Global Abbeville Property, LLC and Dodge NH, LLC , each a Georgia limited liability company (each a “ Seller ”) to execute and deliver a definitive Purchase and Sale Agreement (“ PSA ”) with two newly formed entities: Abbeville Crossing Propco of Journey LLC and Eastman Trails Propco of Journey LLC, each a Georgia limited liability company (each a “ Purchaser ”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/727346/000149315226009320/0001493152-26-009320-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Abbeville Crossing Propco of Journey LLC and Eastman Trails Propco of Journey LLC"},{"label":"Value","value":"$15,700,000.00"},{"label":"Effective","value":"2026-03-05"}],"fact_type":"material_agreement"},{"claim_id":"9ffad6d6caae804166940ca584340ef95d8a727a","claim":"SELECTIS HEALTH, INC. entered into Operations Transfer Agreement with Abbeville Crossing of Journey LLC and Eastman Trails of Journey LLC (effective 2026-03-05).","evidence_excerpt":"Concurrently with the execution of the PSA, the Company caused the Existing Operators to execute an Operations Transfer Agreement (“ OTA ”) with two newly formed entities affiliated with the Purchasers, Abbeville Crossing of Journey LLC and Eastman Trails of Journey LLC, each a Georgia limited liability company (each a “ New Operator ”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/727346/000149315226009320/0001493152-26-009320-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Abbeville Crossing of Journey LLC and Eastman Trails of Journey LLC"},{"label":"Effective","value":"2026-03-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}