Selectis Health, Inc. (OTCQB: GBCS) (“Selectis” or the “Company”), a healthcare company, announces that it has entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”) with affiliates of Black Pearl Equities, a New York-based investment group (together with its affiliates, “Black Pearl”), pursuant to which Black Pearl will acquire all outstanding shares of Selectis common stock for $5.75 per share in cash. Selectis Health, Inc. is a healthcare owner-operator that acquires, develops, and manages skilled nursing facilities, assisted living facilities, and independent living facilities across the South and Southeastern United States.
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Source: https://www.globenewswire.com/news-release/2026/06/23/3316460/0/en/selectis-health-inc-enters-into-agreement-to-be-acquired-by-black-pearl.html