Regional Health CEO defends SunLink merger, says liquidation would hurt common holders

REGIONAL HEALTH PROPERTIES, INC

Ken Grossman owns 6.4% of Series B preferred, 1.1% of common; CEO says his liquidation push would benefit preferred holders.
Grossman's two 'offers' were conditional, uncertain; one superseded by offer for fewer shares; merger is documented and agreed.
Merger brings ~$6M capital, experienced management, board expertise, and potential to re-list on a national exchange.
Regional common up ~120% and SunLink up ~30% since merger announcement on Jan 6, 2025.
CEO states time is critical and urges all common shareholders to vote FOR the merger.

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