other material
confidence high
sentiment neutral
materiality 0.50
RHE special meeting adjourned to May 31; exchange offer extended; 2.28M preferred shares tendered
REGIONAL HEALTH PROPERTIES, INC
- Special meeting adjourned to May 31, 2022 to solicit more votes on exchange offer for Series A Preferred.
- Exchange offer of Series A Preferred for 12.5% Series B Preferred extended to May 31, 2022.
- As of May 2, 2,275,300 shares (outstanding) of Series A Preferred properly tendered in the offer.
- Holders do not need to resubmit proxies; any previously submitted proxy remains valid.
- Record date for the reconvened meeting remains February 24, 2022.