Core Insights - Selectis Health, Inc. has completed the sale of two nursing facilities in Georgia for a total of $13.18 million, which is part of a strategic effort to optimize its business operations and strengthen its balance sheet [1][2][3] Financial Summary - The sale of the Sparta and Warrenton facilities was finalized on January 15, 2026, with an aggregate purchase price of $13,175,000. After accounting for senior mortgages, transaction costs, and a $1.3 million holdback, the company received approximately $5.4 million in proceeds from the sale [2][3] - The proceeds from the sale will be allocated for general working capital, including settling title issues ($475,000), redeeming outstanding senior secured notes ($1.8 million), reducing capital lines of credit for bed taxes ($700,000), and retiring a mortgage on another facility ($700,000) [7] Strategic Focus - The CEO of Selectis Health emphasized that the sale aligns with the company's commitment to rightsizing its business and prioritizing stability across its remaining facilities. The company is also exploring additional strategic property sales to enhance shareholder value [3] - Following the sale, Selectis Health will continue to operate several facilities in Georgia, including Eastman Healthcare & Rehabilitation and Glen Eagle Nursing & Rehabilitation, maintaining a diverse portfolio across multiple states [3][6] Remaining Facilities Overview - The company’s remaining facilities include: - Barnes Healthcare Skilled & Rehabilitation Center (141 beds, AR) - Eastman Healthcare & Rehabilitation (100 beds, GA) - Glen Eagle Healthcare & Rehabilitation (100 beds, GA) - Meadowview Healthcare & Rehabilitation (99 beds, OH) - Higher Call Nursing Center (86 beds, OK) - Maple Healthcare & Rehabilitation (29 beds, OK) - Park Place Healthcare & Rehabilitation (106 beds, OK) - Southern Hills Assisted Living Facility (24 beds, OK) - Southern Hills Rehabilitation Center (106 beds, OK) - Southern Hills Retirement Community (90 beds, OK) [3][4]

Core Insights - Selectis Health, Inc. has executed a definitive Purchase and Sale Agreement to sell two skilled nursing facilities in Georgia for $13.18 million, with a target completion date of February 1, 2026 [1][3] Group 1: Transaction Details - The properties sold include Providence of Sparta Health & Rehab and Warrenton Health & Rehabilitation, purchased by Journey Propco LLC entities for $13,175,000, subject to customary adjustments [1] - Following the transaction, Selectis will continue to operate existing facilities in Georgia, including Eastman Healthcare & Rehabilitation and Glen Eagle Nursing & Rehabilitation [2] Group 2: Operational Improvements - The CEO highlighted that the sale reflects operational improvements and aims to strengthen the company's balance sheet, retire debt, and generate positive cash flow [3] - Significant improvements in occupancy rates were noted at the Southern Hills facility, increasing from 55-61% in 2024 to 68-71% in 2025, alongside enhanced service quality [4] - At the Park Place facility, patient numbers increased from 48 to 65, with skilled patients rising from 1 to 10, indicating improved occupancy and quality [5] Group 3: Quality Measurement and Compliance - The company has seen improvements in CMS quality measurement ratings across its facilities, reflecting better regulatory compliance and resident outcomes [6] - The resolution of outstanding bed taxes in Georgia, amounting to $1,484,703.19, has also contributed to improved cash flow [7] Group 4: Strategic Growth and Market Presence - Selectis Health upgraded its common stock to OTCQB in June 2025, enhancing visibility and liquidity [8] - The company aims to deepen its market presence in the Southcentral and Southeastern U.S. to better serve the aging population [9]