Current Report Filing (8-k)
18 April 2018 - 4:59AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): April 5, 2018
GLOBAL
HEALTHCARE REIT, INC.
(Exact Name of Registrant as Specified in its Charter)
Utah
|
|
0-15415
|
|
87-0340206
|
(State
or other jurisdiction
of incorporation)
|
|
Commission
FileNumber
|
|
(I.R.S.
Employer
Identification
number)
|
6800
N. 79
th
St., Ste. 200, Niwot, CO 80503
(Address
of principal executive offices) (Zip Code)
Registrant’s
telephone number, including area code:
(303) 449-2100
8480
E. Orchard Road, Suite 3600, Greenwood Village, CO 80111
(Former
name or former address, if changed since last report)
[ ]
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Written
communications pursuant to Rule 425 under the Securities Act
|
[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act
|
[ ]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act
|
[ ]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act
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Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company [X]
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
[ ]
ITEM
1.01
|
ENTRY
INTO A MATERIAL DEFINITIVE AGREEMENT
|
Effective
April 5, 2018, Midway Nimitz, LLC (“Midway”), a newly formed wholly subsidiary of Global Healthcare REIT, Inc., (the
“Company”), signed a definitive Purchase and Sale Agreement pursuant to which Midway intends to purchase a skilled
nursing facility located at 652 Coastal Highway 17 North, Midway, Georgia 31320 consisting of 169 licensed beds and commonly known
as “Woodlands Health & Rehab Center” (the “
Facility
”). The purchase price of the Facility will
be FIVE MILLION SEVEN HUNDRED THOUSAND AND NO/100 DOLLARS. ($5,700,000.00). The purchase and sale of the Facility is subject to
numerous conditions, including satisfactory due diligence, financing and other conditions customary in transactions of this nature.
There can be no assurance that the transaction will be consummated. A copy of the Purchase and sale Agreement is filed herewith
as Exhibit 10.1.
ITEM
9.01
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FINANCIAL
STATEMENTS AND EXHIBITS
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
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Global
Healthcare REIT, Inc.
(Registrant)
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|
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Dated:
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April
17, 2018
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/s/
Zvi Rhine
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Zvi
Rhine, President
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