---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-024187"
form_type: "8-K"
ticker: "RHEP"
cik: "0001004724"
company_name: "REGIONAL HEALTH PROPERTIES, INC"
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T12:43:27.020584+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Regional Health Properties completes merger with SunLink Health Systems

## Summary
- Merger closed Aug 14, 2025: each 5 SunLink shares converted to 1.1330 Regional common share + 1 Series D preferred share.
- Total consideration ~1,595,400 Regional common shares and ~1,408,120 Series D preferred shares.
- Combined company led by Brent Morrison (CEO); SunLink's Thornton as EVP Corp Strategy, Stockslager as CFO.
- Board expanded to 7: 3 incumbents, 2 SunLink directors (Baileys, Burleson), 2 mutually agreed (Kellman, Winkle).
- Stock trades on OTCQB under existing tickers; NYSE American delisting occurred June 2025.

## SEC filing metadata
- accession: 0001641172-25-024187
- form_type: 8-K
- ticker: RHEP
- cik: 0001004724
- company_name: REGIONAL HEALTH PROPERTIES, INC
- filed_at: 2025-08-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 3.03, 2.03, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1004724/000164117225024187/0001641172-25-024187-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1004724/000164117225024187/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-024187
- JSON: https://secwatch.observer/filing/0001641172-25-024187.json
- Plain text: https://secwatch.observer/filing/0001641172-25-024187.txt

## Source-grounded claims
- claim_id: 1cbfe03a4785fafef52df498a4aecfab85d3aecd
  claim: REGIONAL HEALTH PROPERTIES, INC completed an acquisition involving SunLink Health Systems, Inc. for approximately 1,595,400 shares of Regional common stock and approximately 1,408,120 shares of Regional Series D preferred stock (closed 2025-08-14).
  evidence_excerpt: common stock or Regional Series D preferred stock in accordance with the terms of the Merger Agreement. The total aggregate consideration payable in the merger was approximately 1,595,400 shares of Regional common stock and approximately 1,408,120 shares of Regional Series D preferred stock. The foregoing descriptions of the merger and the Merger Agreement do not
  evidence_url: https://www.sec.gov/Archives/edgar/data/1004724/000164117225024187/0001641172-25-024187-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.