---
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"
generated_at: "2026-05-15T18:23:46.052245+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Selectis Health agrees to sell two Georgia skilled nursing facilities for $15.7M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-009320
- JSON: https://secwatch.observer/filing/0001493152-26-009320.json
- Plain text: https://secwatch.observer/filing/0001493152-26-009320.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Abbeville Crossing Propco of Journey LLC and Eastman Trails Propco of Journey LLC
  - Value: $15,700,000.00
  - Effective: 2026-03-05
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/727346/000149315226009320/0001493152-26-009320-index.htm
- Material Agreements
  SELECTIS HEALTH, INC. entered into Operations Transfer Agreement with Abbeville Crossing of Journey LLC and Eastman Trails of Journey LLC (effective 2026-03-05).
  - Action: entry
  - Counterparty: Abbeville Crossing of Journey LLC and Eastman Trails of Journey LLC
  - Effective: 2026-03-05
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/727346/000149315226009320/0001493152-26-009320-index.htm

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