M&A: SUNLINK HEALTH SYSTEMS INC

Form Type: 425

Filing Date: 2025-01-08

Corporate Action: Merger

Type: New

Accession Number: 000119312525003367

Comments: On January 3, 2025, SunLink Health Systems, Inc. and Regional Health Properties, Inc. announced a definitive agreement for a merger, where SunLink will merge into Regional in exchange for shares. Each five shares of SunLink will convert into one share of Regional common stock and one share of newly authorized Series D 8% Cumulative Convertible Redeemable Preferred Stock. The merger aims to strengthen shareholder value and enhance the balance sheet. Approval from shareholders and regulatory bodies is required, with completion anticipated in spring 2025. The transaction includes expected cost synergies and a strong management team post-merger.

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Form Type: 8-K

Filing Date: 2025-01-06

Corporate Action: Merger

Type: New

Accession Number: 000095017025002243

Comments: On January 3, 2025, SunLink Health Systems, Inc. and Regional Health Properties, Inc. announced the execution of a Merger Agreement, under which SunLink will merge with and into Regional, with Regional maintaining its status as the surviving entity. This merger will be presented to the shareholders of both companies for approval. A Registration Statement is to be filed with the SEC, which will contain a joint proxy statement/prospectus for both companies related to the merger. The document outlines potential risks associated with the merger, including integration challenges, expected synergies, regulatory approvals, and other uncertainties that may affect the anticipated benefits of this merger.

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