Black Pearl Equities Finalizes $5.75 Per Share Buyout of Selectis Health

With 90.93% of shares secured, New York-based Black Pearl Equities has finalized its tender offer for Selectis Health, Inc. at $5.75 per share. The acquisition of the healthcare operator, which manages facilities across Arkansas and Oklahoma, moves to a final merger stage to capture the remaining outstanding stock.

Today, 16:36· Money Talk· 496 reads

Black Pearl Equities Finalizes $5.75 Per Share Buyout of Selectis Health

The tender offer concluded at 5:00 p.m. on August 31, 2026, resulting in 2,789,027 shares being tendered. Black Pearl will now initiate a merger under the Utah Revised Business Corporation Act, bypassing a stockholder vote to convert all remaining equity into the same cash price paid during the tender process. Once the transaction closes, Selectis will operate as an indirect wholly owned subsidiary of the Brooklyn-based investment firm.

Selectis Health currently manages eight properties focused on skilled nursing and assisted living services. Laurel Hill Advisory Group served as the information agent for the deal, with Broadridge Corporate Issuer Solutions acting as the depositary. Shareholders seeking details regarding the final payout process may contact Laurel Hill directly at (844) 305-2265.

Black Pearl Equities Finalizes $5.75 Per Share Buyout of Selectis Health

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