Selectis Health sells two Georgia SNFs for $15.7M; net proceeds ~$9M

SELECTIS HEALTH, INC.

Sold Glen Eagle Healthcare (101-bed, Abbeville) and Eastman Healthcare (100-bed) to GA SNF entities.
Aggregate purchase price $15.7M; net proceeds after mortgage debt and liabilities ~$9M.
Additional $1.57M held in escrow; may be released to Sellers absent indemnity claims.
Sellers retain right to collect pre-closing tenant receivables, including deferred amounts.
Operations transferred to Purchaser's subsidiaries concurrently; no extra consideration paid.

item 2.01item 9.01

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