Sunlink Hlth SEC Filings

The Radoff Family Foundation and Bradley L. Radoff disclosed their holdings in SunLink Health Systems (SSY). The Foundation directly owns 345,000 shares (about 4.9% of the outstanding common stock) and Mr. Radoff directly owns 344,300 shares. Combined, Mr. Radoff may be deemed to beneficially own 689,300 shares, or roughly 9.8% of the company, based on the issuer's reported outstanding share count of 7,040,603 shares.

The filing details voting and dispositive authority: sole voting/dispositive power over 344,300 shares and shared voting/dispositive power over 345,000 shares (via the Foundation). The reporting persons state the securities are not held to change or influence control of the issuer and disclaim beneficial ownership of securities they do not directly own.

SunLink Health Systems (NYSE American: SSY) filed an amended Form 8-K to update investors on two items tied to its pending merger with Regional Health Properties.

• $0.10 special cash dividend: Board declared the dividend for holders of record 29 Jul 2025, payable 30 Jul 2025. Trades from 29-30 Jul will carry due-bills. Aggregate dividends allowed under the merger pact are capped at $1.0 million.
• Merger status: The Amended & Restated Merger Agreement (original 14 Apr 2025) was further amended 22 Jun 2025 to extend the termination date to 11 Aug 2025 and make minor clarifications. SunLink will merge into Regional, which will be the surviving entity.

The Board may revoke or postpone the dividend if (a) SunLink shareholders fail to approve the merger at the 29 Jul 2025 special meeting, (b) the agreement is terminated, amended or further extended, or (c) other conditions arise. Closing remains subject to customary conditions including both shareholder votes, effectiveness of Regional’s Form S-4 (declared effective 25 Jun 2025), and listing approvals for Regional stock.

No financial results were reported; this filing is strictly an update on corporate actions related to the merger and dividend.

SunLink Health Systems, Inc. (SSY) filed a Form 8-K to disclose an Amendment to the Amended & Restated Agreement and Plan of Merger with Regional Health Properties, Inc. The amendment, signed 22 June 2025, extends the Merger Agreement’s “Termination Date” from 30 June 2025 to 11 August 2025 (5:00 p.m. ET) and makes a minor clean-up revision.

The extension was needed because neither SunLink nor Regional has yet received their respective shareholder approvals. Both boards determined that the approvals could not be obtained by the original deadline and therefore agreed to push back the outside date. All other material terms of the Merger Agreement remain unchanged. Either party may still terminate the deal if the merger is not consummated by the new deadline.

No financial statements, earnings metrics, or revised merger economics were included in this filing. Exhibit 2.1 contains the full text of the amendment, and an Inline XBRL cover page (Exhibit 104) was provided.

• The filing reiterates that the joint proxy statement/prospectus will be filed on Form S-4 and urges investors to read it once available.
• The company restates customary “no offer or solicitation” language and an extensive list of forward-looking risk factors.

Investor takeaway: The merger remains pending but now faces at least a six-week delay, highlighting continued execution risk tied to securing shareholder and regulatory approvals.