Black Pearl Equities plans to make a tender offer to buy all issued and outstanding shares of the common stock of Selectis Health, the Brooklyn, NY-based firm said Friday in a filing with the Securities and Exchange Commission. Black Pearl filed a Schedule TO/C indicating preliminary communication with Denver-based Selectis. The stock has a par value of $0.001 per share, and the offer would be for $4 per share “net to the seller in cash, without interest, and subject to any required withholding of taxes, pursuant to a proposed definitive acquisition agreement to be entered into between Black Pearl and Selectis,” according to Black Pearl.
Read the full article: Black Pearl Equities Plans Tender Offer for All Selectis Shares //
Source: https://www.mcknightsseniorliving.com/news/black-pearl-equities-plans-tender-offer-for-all-selectis-shares/