SELECTIS HEALTH Business Summary

Selectis Health, Inc. (GBCS) operates as a specialized healthcare real estate and clinical services provider, primarily generating revenue through its dual-segment model of Healthcare Services and Real Estate Services. The company earns income via the direct operation of skilled nursing facilities (SNFs), assisted living centers, and rehabilitation clinics, as well as through the leasing and management of healthcare-related properties across Arkansas, Georgia, Ohio, and Oklahoma. As of early 2026, the firm is executing a strategic "rightsizing" initiative, recently completing the $13.18 million sale of its Sparta and Warrenton facilities to deleverage its balance sheet. Selectis competes directly with larger healthcare REITs and operators such as CareTrust REIT, Inc. (CTRE), Diversified Healthcare Trust (DHC), and Community Healthcare Trust (CHCT), positioning itself as a high-touch regional specialist focused on the Southcentral and Southeastern U.S. aging population. The company is currently the subject of a $4.00 per share cash tender offer from Black Pearl Equities, LLC, signaling a potential transition to private ownership. The leadership team is led by CEO Adam Desmond, who assumed the role in 2022 bringing a deep pedigree in investment banking and capital markets from his tenure as founder of ASG Securities and FIG Partners. The executive suite includes Sarah Day as Vice President of Operations and Carlie Mathis, who oversees information technology and procurement. The Board of Directors was significantly strengthened in January 2026 with the appointments of Kent J. Lund, a veteran in legal compliance and securities, and former CEO Lance Baller, whose background in M&A and corporate restructuring is pivotal to the company’s current strategic shifts. Other notable board members include David Furstenberg and Clifford Neuman, providing a robust governance framework as the company navigates its recent acquisition proposals and portfolio optimization.