Regional Health Properties, Inc.

RHE

Börsenwert 5,21 Mio. $

Atlanta, GA, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Regional Health Properties, Inc. (“Regional”) (NYSE American: RHE) (NYSE American: RHE-PA) announced today that its Board of Directors declared a dividend to the holders of its 12.5% Series B Cumulative Redeemable Preferred Shares (the “Series B Preferred Stock”), on a pro rata basis in proportion to the number of shares of Series B Preferred Stock held by such holders, of 250,000 shares of the Company's common stock (“Common Stock”), rounded down to the nearest whole share of Common Stock. The dividend will be paid on or about February 19, 2025 to holders of record of the Series B Preferred Stock as of the close of business on February 10, 2025. Regional is required to pay the dividend of Common Stock to such holders of Series B Preferred Stock pursuant to the terms of Regional's Amended and Restated Articles of Incorporation, which governs the terms of the Series B Preferred Stock.

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of SunLink Health Systems, Inc. (NYSE: SSY) and Regional Health Properties, Inc. (NYSE: RHE). Pursuant to the terms of the agreement, at the closing of the transaction, SunLink shareholders will own approximately 43.0% of the combined company. KSF is seeking to determine whether the merger and the process that.

U.S. stocks traded higher midway through trading, with the S&P 500 jumping more than 1% on Monday.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Regional Health Properties, Inc. (NYSE: RHE) and SunLink Health Systems, Inc. is fair to Regional shareholders. Halper Sadeh encourages Regional shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected]. The investigation concerns whether Regional and it.

Enhances Opportunity to Increase Shareholder Value Significantly Strengthens Balance Sheet Expands Regional Board with the Addition of Two Highly Qualified Industry Veterans Atlanta, GA, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Regional Health Properties, Inc. (“Regional”) (NYSE American: RHE) (NYSE American: RHE-PA) and SunLink Health Systems, Inc. (“SunLink”) (NYSE American: SSY) jointly announced today that they have entered into a definitive agreement and plan of merger (the “merger agreement”), pursuant to which SunLink will merge with and into Regional (the “merger”) in exchange for the issuance of an aggregate of 1,410,000 shares of Regional common stock and 1,410,000 shares of Regional's newly-authorized Series D 8% Cumulative Convertible Redeemable Preferred Stock with a liquidation preference of $10 per share. The merger has been approved unanimously by each company's board of directors and completion of the transaction is subject to the receipt of the approvals of the shareholders of both Regional and SunLink, regulatory approvals and satisfaction of customary closing conditions.

ATLANTA, GA, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Regional Health Properties, Inc. (the “Company”, “Regional”, “we”, “us” or “our”) (NYSE American: RHE) (NYSE American: RHE-PA), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, today announced its financial results for the third quarter ended September 30, 2024.

ATLANTA, GA, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Regional Health Properties, Inc. (the “Company,” “we” or “our”) (NYSE American: RHE) (NYSE American: RHE-PA), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, announced today that, on November 11, 2024, NYSE American LLC (“NYSE American” or the “Exchange”) publicly announced and provided a notice (the “Staff Determination”) to the Company that NYSE Regulation has determined to commence proceedings to delist the Company's common stock, no par value (the “Common Stock”), and the Company's Series A Redeemable Preferred Shares, no par value (the “Series A Preferred Shares” and, together with the Common Stock, the “Securities”), from NYSE American. The NYSE Regulation has determined that the Company is no longer suitable for listing pursuant to Section 1009(a) of the NYSE American Company Guide (the “Company Guide”) as the Company was unable to demonstrate that it had regained compliance with Sections 1003(a)(i) and (ii) of the Company Guide by the end of the maximum 18-month compliance plan period, which expired on November 10, 2024.

NEW YORK--(BUSINESS WIRE)--NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the two securities enumerated below (“Securities”) of Regional Health Properties, Inc. (the “Company”) from the Exchange. Symbol Description RHE Common Stock, no par value RHE-PA Series A Redeemable Preferred Shares, no par value NYSE Regulation has determined that the Company is no longer suitable for listing pursuan.

Collected 93% of Contractual Rent[ 1] Strong Operator Rent Coverage ATLANTA, GA, April 08, 2024 (GLOBE NEWSWIRE) -- Regional Health Properties, Inc. (the “Company,” “Regional Health,” “we”, “us” or “our”) (NYSE American: RHE) (NYSE American: RHE-PA), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2023. FOURTH QUARTER 2023 FINANCIAL   · Generated $0.2 million of income from operations in the fourth quarter of 2023, compared to a loss from operations of $3.0 million in the fourth quarter of 2022   · Reduced net loss per share of common stock to $0.13 in the fourth quarter of 2023, compared to $2.54 for the fourth quarter of 2022   · Generated $1.8 million of Adjusted EBITDA[ 2] in the fourth quarter of 2023, compared to $0.6 million in the fourth quarter of 2022 FULL YEAR 2023 FINANCIAL HIGHLIGHTS   · Reduced loss from operations from $0.8 million in fiscal year 2023 to a loss of $6.8 million in 2022   · Increased net income per share of common stock to $21.05 in fiscal year 2023 as compared to a loss of $8.93 in fiscal year 2022   · Generated $4.2 million of Adjusted EBITDA in fiscal year 2023, compared to in $2.4 million fiscal year 2022   · Collected 93% of contractual rent as of December 31, 2023 FULL YEAR 2023 BUSINESS HIGHLIGHTS   · In June 2023, Regional Health completed its offer to exchange any and all shares of its Series A Preferred Stock for shares of its Series B Preferred Stock (the "Exchange Offer").

Collected 93% of Contractual Rent Strong Operator Rent Coverage ATLANTA, GA, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Regional Health Properties, Inc. (the “Company,” “Regional Health,” “we”, “us” or “our”) (NYSE American: RHE) (NYSE American: RHE-PA), a self-managed healthcare real estate investment company that invests primarily in real estate purposed for senior living and long-term care, today announced its financial results for the third quarter ended September 30, 2023. THIRD QUARTER 2023 FINANCIAL HIGHLIGHTS Reduced loss from operations from $2.0 million in the prior year quarter to $0.4 million in the current quarter Reduced net loss per share of common stock to $0.52 in the current third quarter as compared to $1.48 for the third quarter of 2022 Generated $0.7 million of Adjusted EBITDA1 in the quarter, compared to $0.1 million in the third quarter of 2022 Collected 93% of contractual rent as of September 30, 2023 THIRD QUARTER BUSINESS HIGHLIGHTS On August 7, 2023, Regional Health announced the receipt of the acceptance letter from the NYSE American LLC (the “Exchange”) on August 1, 2023, that the Company's plan to regain compliance with the Exchange's continued listing standards had been accepted.