Regional Health urges shareholders to vote 'yes' on SunLink merger, rebuts dissident claims

REGIONAL HEALTH PROPERTIES, INC

Merger brings approximately $6M in capital to combined company, improving balance sheet and operations.
Regional and SunLink shares up ~120% and ~30% respectively since merger announcement on Jan 6, 2025.
Dissidents Grossman and Frischer own ~6% and ~21% of Series B preferred but only ~1% and ~7% of common stock.
CEO Morrison believes dissidents seek liquidation that would benefit preferred holders, leaving little for common.
Merger intended to provide path to internally generated free cash flow for Series B redemption and potential re-listing.

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