other material
confidence high
sentiment neutral
materiality 0.65
Regional Health Properties signs $10.6M asset sale agreement for Coosa Valley facility
REGIONAL HEALTH PROPERTIES, INC
- Coosa Nursing ADK LLC, a subsidiary, will sell Coosa Valley Health and Rehab to Coosa Valley SNF Realty LLC for $10.6M.
- Transaction is subject to a 45-day due diligence period in favor of the purchaser.
- APA executed on July 30, 2025; full agreement expected to be filed in Q2 2025 Form 10-Q.
- Common and preferred stock now trade on OTCQB following NYSE American delisting on June 11, 2025.