other_material
confidence high
sentiment negative
materiality 0.75
Purchaser terminates PSA and OTA for Selectis Health's Georgia subsidiaries; company to pursue remedies
SELECTIS HEALTH, INC.
- Purchaser terminated the Purchase and Sale Agreement and Operations Transfer Agreement for Georgia subsidiaries effective July 13, 2025.
- Company received written notice from Purchaser on July 13, 2025 that the PSA and OTA were terminated without consummation.
- Company intends to pursue all rights and remedies in the matter.
item 1.02