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Black Pearl Equities, LLC Announces Tender Offer to Purchase Shares of Regional Health Properties, Inc.

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Black Pearl Equities (Black Pearl) has announced a tender offer to purchase up to 49.9% of outstanding shares of Regional Health Properties (OTCQB: RHEP) at $4.25 per share in cash. The offer, announced on July 18, 2025, will expire on August 31, 2025 at 5:00 p.m. ET.

The tender offer is contingent on several conditions, including obtaining valid tenders for a minimum of 45% of outstanding shares, waiver of applicable rights plans, and no material adverse changes to RHEP's financial condition. The offer provides RHEP shareholders with a liquidity opportunity at a premium to recent market prices.

Black Pearl Equities (Black Pearl) ha annunciato un'offerta pubblica di acquisto per l'acquisto fino al 49,9% delle azioni in circolazione di Regional Health Properties (OTCQB: RHEP) al prezzo di 4,25 dollari per azione in contanti. L'offerta, annunciata il 18 luglio 2025, scadrà il 31 agosto 2025 alle 17:00 ET.

L'offerta è subordinata a diverse condizioni, tra cui la ricezione di validi conferimenti per almeno il 45% delle azioni in circolazione, la rinuncia ai piani di diritti applicabili e l'assenza di cambiamenti materiali negativi nella situazione finanziaria di RHEP. L'offerta offre agli azionisti di RHEP un'opportunità di liquidità a un prezzo superiore rispetto ai recenti valori di mercato.

Black Pearl Equities (Black Pearl) ha anunciado una oferta pública de adquisición para comprar hasta el 49,9% de las acciones en circulación de Regional Health Properties (OTCQB: RHEP) a $4,25 por acción en efectivo. La oferta, anunciada el 18 de julio de 2025, expirará el 31 de agosto de 2025 a las 5:00 p.m. ET.

La oferta está condicionada a varias circunstancias, incluyendo la obtención de ofertas válidas por un mínimo del 45% de las acciones en circulación, la renuncia a los planes de derechos aplicables y la ausencia de cambios adversos materiales en la situación financiera de RHEP. La oferta brinda a los accionistas de RHEP una oportunidad de liquidez con una prima respecto a los precios recientes del mercado.

Black Pearl Equities (Black Pearl)Regional Health Properties (OTCQB: RHEP)발행 주식의 49.9%까지 주당 4.25달러 현금에 매입하는 공개 매수 제안을 발표했습니다. 이 제안은 2025년 7월 18일에 발표되었으며, 2025년 8월 31일 오후 5시(동부시간)에 만료됩니다.

공개 매수는 최소 발행 주식의 45% 이상에 대한 유효한 응찰, 관련 권리 계획의 포기, 그리고 RHEP의 재무 상태에 중대한 부정적 변화가 없다는 조건에 따릅니다. 이 제안은 RHEP 주주들에게 최근 시장 가격 대비 프리미엄이 붙은 유동성 기회를 제공합니다.

Black Pearl Equities (Black Pearl) a annoncé une offre publique d'achat visant à acquérir jusqu'à 49,9 % des actions en circulation de Regional Health Properties (OTCQB : RHEP) au prix de 4,25 $ par action en espèces. L'offre, annoncée le 18 juillet 2025, expirera le 31 août 2025 à 17h00, heure de l'Est.

L'offre est soumise à plusieurs conditions, notamment l'obtention d'offres valides représentant au moins 45 % des actions en circulation, la renonciation aux plans de droits applicables, et l'absence de changements défavorables significatifs dans la situation financière de RHEP. Cette offre offre aux actionnaires de RHEP une opportunité de liquidité à une prime par rapport aux prix récents du marché.

Black Pearl Equities (Black Pearl) hat ein Übernahmeangebot zum Kauf von bis zu 49,9% der ausstehenden Aktien von Regional Health Properties (OTCQB: RHEP) zu 4,25 USD pro Aktie in bar angekündigt. Das Angebot, das am 18. Juli 2025 bekannt gegeben wurde, läuft am 31. August 2025 um 17:00 Uhr ET ab.

Das Übernahmeangebot steht unter mehreren Bedingungen, darunter der Erhalt gültiger Angebote für mindestens 45% der ausstehenden Aktien, der Verzicht auf anwendbare Schutzmaßnahmen und das Ausbleiben wesentlicher negativer Veränderungen der finanziellen Lage von RHEP. Das Angebot bietet den Aktionären von RHEP eine Liquiditätsmöglichkeit zu einem Aufpreis gegenüber den jüngsten Marktpreisen.

Positive
  • Provides shareholders with immediate liquidity opportunity
  • Offers a premium to recent market trading prices
  • Clear exit option for shareholders not aligned with company's future direction
Negative
  • Minimum 45% tender requirement may affect offer completion
  • Subject to multiple conditions that could prevent successful completion
  • Could result in significant ownership concentration if successful

BROOKLYN, N.Y., July 25, 2025 /PRNewswire/ -- Black Pearl Equities, LLC ("Black Pearl") announced a tender offer on July 18, 2025 to purchase up to 49.9% of the outstanding common shares of Regional Health Properties, Inc. (OTCQB: RHEP) at a price of $4.25 per share in cash. The offer expires at 5:00 p.m. Eastern Time on August 31, 2025, unless extended by Black Pearl.

This tender offer provides an opportunity for Regional Health Properties shareholders seeking liquidity and an alternative to holding their investment in the company. Shareholders who prefer not to participate in the company's future direction may elect to tender their shares at a premium to recent market trading prices.

The offer is subject to specific conditions, including but not limited to, obtaining valid tenders for a minimum of 45% of the outstanding shares, the waiver or amendment of any applicable rights plans or ownership limitations by Regional Health Properties, and no occurrence of material adverse changes to the company's financial or operational condition. Detailed terms and conditions of the tender offer are described fully in the Schedule TO filed by Black Pearl Equities with the U.S. Securities and Exchange Commission ("SEC") on July 17, 2025.

This announcement is for informational purposes only and does not constitute an offer to buy, nor a solicitation of an offer to sell, any securities. No financial information or advice is provided other than informing shareholders of the tender price versus the current trading price of the Company's common shares.  Shareholders are strongly encouraged to read carefully the Schedule TO, https://www.sec.gov/Archives/edgar/data/1004724/000121390025065348/sctot0725_blackpearl.htm Offer to Purchase, and related documentation filed with the SEC as they contain important information about the offer. Shareholders should remain alert for further announcements from Black Pearl regarding any updates or changes to the tender offer. These materials are available at no charge on the SEC's website at www.sec.gov or by contacting Black Pearl Equities at to@blackpearlequities.com

Abe Schwartz
Chief Executive Officer
Black Pearl Equities LLC
(212) 235-1367

Cision View original content:https://www.prnewswire.com/news-releases/black-pearl-equities-llc-announces-tender-offer-to-purchase-shares-of-regional-health-properties-inc-302514315.html

SOURCE Black Pearl Equities LLC

FAQ

What is the tender offer price for RHEP shares by Black Pearl Equities?

Black Pearl Equities is offering to purchase RHEP shares at $4.25 per share in cash.

When does the Black Pearl tender offer for RHEP shares expire?

The tender offer expires at 5:00 p.m. Eastern Time on August 31, 2025, unless extended by Black Pearl.

What percentage of RHEP shares is Black Pearl seeking to purchase?

Black Pearl is seeking to purchase up to 49.9% of the outstanding common shares of Regional Health Properties.

What are the main conditions for the RHEP tender offer?

The key conditions include obtaining valid tenders for a minimum of 45% of outstanding shares, waiver of applicable rights plans, and no material adverse changes to RHEP's financial condition.

How can RHEP shareholders access the tender offer documentation?

Shareholders can access the Schedule TO and related documentation through the SEC's website at www.sec.gov or by contacting Black Pearl Equities directly.
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