M&A - Frischer Charles L
Form Type: SCHEDULE 13D/A
Filing Date: 2025-06-18
Corporate Action: Acquisition
Type: Update
Accession Number: 000119380525000905
Filing Summary: This Amendment No. 13 to Schedule 13D updates information regarding Charles L. Frischer and the Libby Frischer Family Partnership's ownership in Regional Health Properties, Inc. The document highlights a recent letter submitted by Charles Frischer to the Issuer's Board of Directors on June 18, 2025, in response to a Purchase Offer made to the Board on May 6, 2025. Mr. Frischer expressed dissatisfaction with the Board's lack of engagement with the potential buyer, emphasizing that the offer represents a significant 99% premium over the current Common Share price. The letter urges the Board to initiate negotiations on the offer. The amendment cites prior filings and includes the letter as an exhibit to the amendment, reflecting ongoing changes and interests in the shares of the issuer.
Additional details:
Owner Name: Charles L. Frischer
Address: 3156 East Laurelhurst Drive Seattle WA 98105
Phone Number: 917-528-1465
Partnership Name: Libby Frischer Family Partnership
Acquisition Offer Date: 2025-05-06
Expressed Displeasure: Brent Morrison, the Chief Executive Officer of the Issuer has not engaged with the potential buyer regarding the Purchase Offer.
Premium Percentage: 99%
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