secwatch.observer — SEC 8-K summary
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Issuer:     PACS Group, Inc. (PACS)
CIK:        0002001184
Form:       8-K
Filed at:   2025-09-11T23:59:59+00:00
Accession:  0002001184-25-000047
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PACS Group: NYSE extends listing to Nov 19; interim CFO named; H1 occupancy 88.9%, cash $294M
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- NYSE extended additional trading period through Nov 19, 2025 to allow PACS to complete financial restatement and become current with filings.
- Appointed Mark Hancock as interim CFO on Sept 3, 2025, replacing Derick Apt; Hancock previously served as CFO from 2013 to 2023.
- As of June 30, 2025, operated 316 facilities with 32,208 skilled nursing beds; total facility occupancy 88.9% (industry avg 78.0%).
- Cash and equivalents rose to $294.2M from $157.7M at Dec 31, 2024; expects record revenue and Adjusted EBITDA for H1 2025 when current.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2001184/000200118425000047/0002001184-25-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2001184/000200118425000047/pacs-20250911.htm
  HTML page:      https://secwatch.observer/filing/0002001184-25-000047

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