---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-029837"
form_type: "8-K"
ticker: "GBCS"
cik: "0000727346"
company_name: "SELECTIS HEALTH, INC."
filed_at: "2026-06-23T22:03:08+00:00"
generated_at: "2026-06-24T10:06:45.576752+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Selectis Health to be acquired by Black Pearl for $5.75 per share in cash

## Summary
- Selectis Health stockholders to receive $5.75 per share in cash in acquisition by Black Pearl Equities affiliates.
- Transaction expected to close in Q3 2026, subject to 70% minimum tender condition, regulatory approvals, and customary conditions.
- No financing contingency: Purchaser has committed funds for the Offer and Merger.
- Board unanimously approved the merger; certain stockholders agreed to tender their shares under a Tender and Support Agreement.
- Termination fee of $400,000 payable by Selectis if it accepts a superior proposal.

## SEC filing metadata
- accession: 0001493152-26-029837
- form_type: 8-K
- ticker: GBCS
- cik: 0000727346
- company_name: SELECTIS HEALTH, INC.
- filed_at: 2026-06-23T22:03:08+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/727346/000149315226029837/0001493152-26-029837-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/727346/000149315226029837/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-029837
- JSON: https://secwatch.observer/filing/0001493152-26-029837.json
- Plain text: https://secwatch.observer/filing/0001493152-26-029837.txt

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