-
Selectis Health completes merger with Black Pearl Equities II; shareholders receive $5.75 per share
On October 5, 2026, Merger Sub merged into Selectis Health, Inc.; Selectis became a wholly owned subsidiary of Black Pearl Equities II, LLC and an indirect subsidiary of Parent.
-
Black Pearl completes tender offer for Selectis Health at $5.75/share; 90.93% tendered
2,789,027 shares (90.93%) validly tendered; all conditions satisfied, payment to proceed.
-
Selectis Health to be acquired by Black Pearl for $5.75 per share in cash
Selectis Health stockholders to receive $5.75 per share in cash in acquisition by Black Pearl Equities affiliates.
-
CEO/CFO Adam Desmond resigns; Krystal Eckhart appointed interim CEO and CFO
Adam Desmond resigned as CEO, CFO, and board member effective May 14, 2026.
-
Selectis Health sells two Georgia SNFs for $15.7M; net proceeds ~$9M
Sold Glen Eagle Healthcare (101-bed, Abbeville) and Eastman Healthcare (100-bed) to GA SNF entities.
-
Selectis Health board member David Furstenberg resigns effective March 30, 2026
David Furstenberg resigned from the Board of Directors and Audit Committee on March 30, 2026.
-
Selectis Health appoints Richard Huebner to Board of Directors effective March 12, 2026
Richard Huebner, age 68, appointed to Selectis Health Board effective March 12, 2026.
-
Selectis Health agrees to sell two Georgia skilled nursing facilities for $15.7M
Purchase price $15.7M for Glen Eagle (101-bed) and Eastman (100-bed) facilities in Georgia.
-
Selectis Health sells two Georgia skilled nursing facilities for $13.175 million
Sold Sparta (71-bed) and Warrenton (110-bed) facilities for aggregate $13.175M; escrow of $1.3M.
-
Selectis Health appoints Kent Lund and Lance Baller to Board of Directors
Effective January 1, 2026, Board appointed Kent Lund, age 70, with legal/securities background and former FINRA committee member.
-
Selectis Health extends $1.775M notes to Feb 2026, interest rate raised to 13%
Maturity extended to Feb 28, 2026 or earlier upon Qualified Transaction; 30-day extensions possible with 0.5% fee.
-
Selectis Health agrees to sell two Georgia skilled nursing facilities for $13.175M
Total purchase price $13,175,000 for 71-bed Sparta and 110-bed Warrenton facilities.
-
Purchaser terminates PSA and OTA for Selectis Health's Georgia subsidiaries; company to pursue remedies
Purchaser terminated the Purchase and Sale Agreement and Operations Transfer Agreement for Georgia subsidiaries effective July 13, 2025.
-
Selectis Health's common stock approved for OTCQB quotation effective June 23
Received OTC Markets approval for upgraded quotation on the OTCQB tier.
-
Selectis Health signs $27M deal to sell four Georgia skilled nursing facilities
Purchase agreements cover Glen Eagle (101 beds), Eastman (100 beds), Sparta (71 beds), and Warrenton (110 beds).
-
CFO James Creamer resigns; CEO Adam Desmond named interim CFO
James Creamer resigned as CFO effective January 17, 2025, under a separation agreement.
-
Selectis Health appoints WithumSmith+Brown as new independent auditor
Effective Dec 4, 2024, Board and Audit Committee appointed WithumSmith+Brown, PC as independent registered public accounting firm.
-
Selectis Health's auditor Marcum LLP resigns; going concern opinion issued for 2022/2023
Marcum LLP terminated as independent auditor effective November 20, 2024.
-
Selectis Health raises CEO salary to $250K; CEO waives $30K board stipend
CEO Adam Desmond's salary increased from $150,000 to $250,000 per annum, effective October 1, 2024.
-
Selectis Health appoints James Creamer as CFO, effective Aug 15, 2024
Creamer appointed CFO effective Aug 15, 2024; base salary $180,000/year.
-
Director Andrew Sink resigns from Selectis Health Board effective June 30, 2024
Andrew Sink resigned as director, effective June 30, 2024; resignation tendered June 24.
-
Selectis Health sells Georgia skilled nursing facility for $6.75M, reduces debt
Sold Archway Transitional Care Center 1 in Macon, GA for $6.75M; buyer was lessee since 2016.
-
Selectis Health signs definitive agreement to sell Archway nursing facility for $6.75M
Wholly-owned subsidiary Goodwill Hunting, LLC (seller) entered PSA to sell Archway Property in Macon, GA to Bibb County Holdings II, LLC for $6.75M.
-
Selectis Health subsidiary agrees to sell Archway Transitional Care Center for $6.75M
Purchase price of $6,750,000 for skilled nursing facility in Macon, GA.
-
Selectis Health secures $750K line of credit at 8.5% due April 2025
Entered into Commercial Line of Credit Agreement and Note with Southern Bank for $750,000 principal limit.
-
Selectis Health Board approves standard Indemnity Agreement for directors and officers
Board approved form of Indemnity Agreement effective March 18, 2024, for all directors and officers.
-
Selectis Health appoints Adam Desmond as permanent CEO effective March 18, 2024
Board of Directors appointed Adam Desmond as Chief Executive Officer, effective March 18, 2024.
-
Selectis Health's sale of Georgia subsidiaries terminated by purchaser; company denies defaults
Effective Feb 20, 2024, Purchaser terminated the Purchase & Sale and Operations Transfer Agreements for certain Georgia subsidiaries without consummation.
-
Selectis Health appoints Jim Creamer interim CFO, Clifford Neuman to board
Jim Creamer appointed Interim CFO effective Dec 18, 2023; annual salary $120,000.
-
Selectis Health agrees to sell four Georgia skilled nursing facilities for $31M
Sale of Warrenton, Eastman, Glen Eagle, and Sparta facilities for $31M aggregate consideration.
-
CEO Lance Baller resigns; board member Adam Desmond named Interim CEO
Lance J. Baller resigned as CEO, acting principal financial officer, and director effective Nov 13, 2023 or earlier upon replacement.
-
Selectis Health President and COO Christopher Barker resigns effective May 31 due to health issues
Christopher 'Randy' Barker resigned as President, COO, and board member effective May 31, 2023.
-
CFO Christine Lucus resigns effective April 5, 2023; CEO Lance Baller interim PFO
Christine Lucus resigned as CFO, effective April 5, 2023.
-
Selectis Health annual meeting elects Andy Sink as Class I director, ratifies Marcum LLP as auditor
Andy Sink elected as Class I director with 1,270,541 For, 41,080 Withheld, and 209,377 broker non-votes.
-
Selectis Health presents at Rocky Mountain MicroCap Conference on Nov 10, 2022
Investor presentation furnished as Exhibit 99.1; no specific financial results disclosed in the filing.
-
Selectis Health appoints Mary Christine Lucus as Secretary, replacing Clifford Neuman
Mary Christine Lucus appointed as Secretary effective October 31, 2022.
-
Selectis Health presents at LD Micro Main Event; no material financial updates in filing
Company presented its October 25, 2022 investor presentation at the LD Micro Main Event Conference VIII.
-
Selectis Health appoints Andrew Sink to board; Clifford Neuman resigns as director and secretary
Andrew Sink appointed independent director effective Oct 17, 2022, filling vacancy from Clifford Neuman's resignation.
-
Director Clifford Neuman resigns; Andrew Sink appointed to board
Effective Oct 17, 2022, Clifford Neuman resigned as director and secretary of Selectis Health.
-
Selectis Health appoints Marcum LLP as new auditor, replacing Haynie & Company
Former auditor Haynie & Company dismissed; no accounting disagreements, only previously reported material weaknesses.
-
Selectis Health Q2 revenue up 91% to $11.5M; net income $1.0M vs loss year ago
Q2 2022 revenue $11.5M (record), up 91% YoY; net income $1.0M ($0.34 per share) vs net loss of $0.7M.
-
Selectis Health board committee member Clifford Neuman resigns from Audit, Compensation, and Nomination committees
Clifford Neuman resigned from the Audit, Compensation, and Nomination and Governance Committees effective August 18, 2022.
-
Selectis Health adopts committee charters and appoints standing committee members
Board adopted Audit, Compensation, and Nominating & Governance Committee Charters on July 25, 2022.
-
Selectis Health appoints David J. Furstenberg to Board of Directors
Appointment effective July 1, 2022; Furstenberg will serve as a director.
-
Selectis Health grants 200,000 stock options to CEO and President/COO at $7.00
CEO Lance Baller and Randy Barker each received options for 100,000 shares at $7.00 exercise price.
-
Selectis Health CFO Brandon Thall resigns; Controller Christine Lucus named interim CFO
Brandon Thall resigned as CFO effective March 4, 2022; immediate departure.
-
Selectis Health dismisses MaloneBailey as auditor, appoints Haynie & Company
Board approved auditor change effective Jan 26, 2022; MaloneBailey dismissed, Haynie & Company engaged.
-
Selectis Health converts $795K of 11% Notes to 159K shares to boost net equity above $4M
Converted additional $165K in 11% Senior Secured Notes for 33K shares at $5/share on Jan 17, 2022.
-
Selectis Health grants 30,000-share option at $6.00 to Gateway Group for IR; $6,000 monthly fee
Option to purchase 30,000 shares at $6.00 per share, fully vested, exercisable for 3 years with cashless exercise provision.
-
Selectis Health exchanges $640K debt for 128K shares at $5/share to boost equity for listing
Exchanged $640K principal of 2018 11% Senior Secured Promissory Notes for 128K common shares at $5.00/share.