Core Viewpoint - Black Pearl Equities, LLC has initiated a tender offer to acquire up to 100% of the outstanding shares of Selectis Health, Inc. at a price of $5.05 per share, representing a 45% premium over the current trading price [1] Group 1: Tender Offer Details - The tender offer is set to expire at 5:00 p.m. New York City time on May 11, 2026, unless extended or terminated earlier [1] - Shareholders must validly tender and not withdraw their shares by the expiration time to receive the offer price [1] - The offer is contingent upon certain conditions, including a minimum tender condition of at least 51% of the outstanding shares being validly tendered [1] Group 2: Company Statements - Abe Schwartz, CEO of Black Pearl Equities, stated that the offer is in the best interest of shareholders and expressed a desire to work constructively with the Board of Selectis Health [1] - As of the press release date, the Board of Directors of Selectis Health has not formally responded to the tender offer [1] Group 3: Information and Assistance - D.F. King & Co., Inc. has been appointed as the Information Agent for the tender offer, and shareholders can contact them for assistance [1] - Shareholders are encouraged to review the Schedule TO and related materials filed with the SEC for detailed instructions [1]
Black Pearl Commences Tender Offer for Selectis Health, Inc.
Prnewswire·2026-03-11 04:32