Selectis Health Enters Definitive Purchase and Sale Agreement for Archway Transitional Care Center in Georgia [Yahoo! Finance]
SELECTIS HEALTH INC (GBCS)
NASDAQ:AMEX Investor Relations:
hcgel.com/investors
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Source: Yahoo! Finance
Greenwood Village, Colorado, May 09, 2024 (GLOBE NEWSWIRE) -- Selectis Health, Inc. (OTC: GBCS) ("Selectis" or the "Company") announced that its wholly-owned subsidiary, Goodwill Hunting, LLC (the “Seller”), has executed and delivered a definitive Purchase and Sale Agreement (the “PSA”) to sell certain real property located in Macon, Bibb County, Georgia, including the skilled nursing facility known as Archway Transitional Care Center (collectively, “the Archway Property”). Pursuant to the PSA, Bibb County Holdings II, LLC (the “Purchaser”) has agreed to purchase the Archway Property for $6.75 million, subject to certain prorations, holdbacks, and adjustments customary in transactions of this nature. The Seller and Purchaser entered into the PSA on May 1, 2024 (the “Effective Date”). Under the terms of the PSA, the Purchaser has a 45-day period from and after the Effective Date in which to undertake any due diligence or inspections of the Archway Property (the “Inspection Period”)
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News
- Selectis Health Completes Sale of Archway Transitional Care Center in Georgia [Yahoo! Finance]Yahoo! Finance
- Selectis Health Completes Sale of Archway Transitional Care Center in GeorgiaGlobeNewswire
- Selectis Health Enters Definitive Purchase and Sale Agreement for Archway Transitional Care Center in GeorgiaGlobeNewswire
GBCS
Sec Filings
- 5/9/24 - Form 8-K
- 5/8/24 - Form 8-K
- 4/23/24 - Form 8-K
- GBCS's page on the SEC website