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Stock impact report

Selectis Health Completes Sale of Archway Transitional Care Center in Georgia [Yahoo! Finance]

SELECTIS HEALTH INC (GBCS) 
NASDAQ:AMEX Investor Relations: hcgel.com/investors
Company Research Source: Yahoo! Finance
GREENWOOD VILLAGE, Colo., June 21, 2024 (GLOBE NEWSWIRE) -- Selectis Health, Inc. (OTC: GBCS) ("Selectis" or the "Company") announced that its wholly-owned subsidiary, Goodwill Hunting, LLC (the “Seller”), has consummated and closed the sale of property located in Macon, Bibb County, Georgia, including the skilled nursing facility known as Archway Transitional Care Center (collectively, “the Archway Property”). In accordance with the original Purchase and Sale Agreement (the “PSA”) executed on May 1, 2024, Bibb County Holdings II, LLC (the “Purchaser”) has purchased the Archway Property for $6.75 million. The sale was completed on June 18, 2024. Under the terms of this agreement, the Purchaser will acquire the real estate, buildings and improvements, along with certain personal property used in the operation of the Archway Property. This Transaction has been completed on time and reflects the expectations and financial details pursuant to the original PSA. Adam Desmond, CEO of Se Show less Read more
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