LAUREL HILL ADVISORY TO ACT AS INFORMATION AGENT AS BLACK PEARL COMMENCES TENDER OFFER FOR ALL OUTSTANDING SHARES OF SELECTIS HEALTH, INC.

Black Pearl Equities, a New York-based investment group, has initiated a tender offer to acquire all outstanding shares of Selectis Health, Inc. for $5.75 per share in cash. The transaction, valued at approximately $5.75 million, was announced on July 13, 2026, and is structured as part of a broader Agreement and Plan of Merger dated June 22, 2026. The tender offer is set to expire at 5:00 p.m. New York City time on August 10, 2026, and is contingent upon the valid tender of at least 70% of Selectis' outstanding shares.

Selectis Health, Inc. operates within the healthcare sector, focusing on the acquisition, development, and management of skilled nursing facilities, assisted living facilities, and independent living facilities primarily in the South and Southeastern United States. The company has established itself as a key player in the healthcare real estate market, which has seen increased interest from investors looking to capitalize on the growing demand for senior living services. The acquisition by Black Pearl is indicative of the ongoing consolidation trend in the healthcare sector, where larger entities seek to enhance their operational efficiencies and expand their service offerings.

The strategic rationale behind Black Pearl's acquisition of Selectis lies in the potential for operational synergies and the growing demand for healthcare services, particularly for aging populations. By acquiring Selectis, Black Pearl aims to leverage its existing portfolio and expertise in healthcare investments to optimize the management and performance of Selectis' facilities. This move aligns with broader market trends, where healthcare providers are increasingly seeking to enhance their service delivery models to meet the evolving needs of patients and residents.

The tender offer is not subject to any financing contingencies, which suggests that Black Pearl is well-positioned to execute the transaction without external financial hurdles. Following the successful completion of the tender offer, Black Pearl plans to merge a wholly owned subsidiary into Selectis, allowing it to acquire any remaining shares of the company. This structure is designed to streamline the acquisition process and minimize disruptions to Selectis’ operations.

The implications of this transaction extend beyond the immediate parties involved. As consolidation continues within the healthcare sector, it is likely to lead to increased competition among providers, as well as enhanced service offerings for consumers. Additionally, the successful integration of Selectis into Black Pearl’s portfolio could serve as a benchmark for future transactions in the healthcare space, particularly in the context of mergers and acquisitions aimed at improving operational efficiencies and expanding market reach. The evolving landscape of healthcare investments will be closely monitored as stakeholders assess the impact of such strategic moves on market dynamics and service delivery.