{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-021783","form_type":"8-K","ticker":"GBCS","cik":"0000727346","company_name":"SELECTIS HEALTH, INC.","filed_at":"2026-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.683603+00:00","generated_at":"2026-05-14T22:17:49.627499+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Selectis Health sells two Georgia SNFs for $15.7M; net proceeds ~$9M","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-021783","json":"https://secwatch.observer/filing/0001493152-26-021783.json","markdown":"https://secwatch.observer/filing/0001493152-26-021783.md","text":"https://secwatch.observer/filing/0001493152-26-021783.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/727346/000149315226021783/0001493152-26-021783-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/727346/000149315226021783/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T22:17:49.627499+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":"0a65e385ccb95d66bbe18c54bcef2a16617075dc","claim":"SELECTIS HEALTH, INC. completed a disposition involving GA SNF ABBEVILLE GA LLC and GA SNF EASTMAN GA LLC for $15.7 million aggregate purchase price, subject to prorations, holdbacks and adjustments; net proceeds approximately $9 million excluding $1.57 million escrows (closed 2026-05-01).","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 $15.7 million, subject to certain prorations, holdbacks and adjustments customary in transactions of this nature. Net proceeds received at closing, after payment of mortgage debt and other","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/727346/000149315226021783/0001493152-26-021783-index.htm","confidence":0.95,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"GA SNF ABBEVILLE GA LLC and GA SNF EASTMAN GA LLC"},{"label":"Consideration","value":"$15.7 million aggregate purchase price, subject to prorations, holdbacks and adjustments; net proceeds approximately $9 million excluding $1.57 million escrows"},{"label":"Closing","value":"2026-05-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}