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.