---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-041840"
form_type: "8-K"
ticker: "GBCS"
cik: "0000727346"
company_name: "SELECTIS HEALTH, INC."
filed_at: "2026-09-09T01:36:35+00:00"
generated_at: "2026-09-09T10:05:43.334983+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Black Pearl completes tender offer for Selectis Health at $5.75/share; 90.93% tendered

## Summary
- 2,789,027 shares (90.93%) validly tendered; all conditions satisfied, payment to proceed.
- Aggregate cash consideration ~$17.6M; remaining shares to be converted at same $5.75 in merger.
- New $18.2M credit agreement with Milrose Capital and SCG Experts funds the acquisition.
- Lance J. Baller and CEO Krystal Eckhart resigned; Abraham Schwartz and Zalman Schapiro appointed directors.
- Shares to be delisted from OTCQB; Form 15 to terminate SEC registration and reporting.

## SEC filing metadata
- accession: 0001493152-26-041840
- form_type: 8-K
- ticker: GBCS
- cik: 0000727346
- company_name: SELECTIS HEALTH, INC.
- filed_at: 2026-09-09T01:36:35+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 2.01, 3.03, 5.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/727346/000149315226041840/0001493152-26-041840-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/727346/000149315226041840/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-041840
- JSON: https://secwatch.observer/filing/0001493152-26-041840.json
- Plain text: https://secwatch.observer/filing/0001493152-26-041840.txt

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