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Regional Health Properties And SunLink Shareholders Approve Merger; Regional To Be Surviving Entity

Benzinga·08/04/2025 21:31:19
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Regional Health Properties, Inc. ("Regional") (OTCQB:RHEP) (OTCQB:RHEPA) and SunLink Health Systems, Inc. ("SunLink") (NYSE:SSY) jointly announced today that, at special meetings of their respective shareholders each held on August 4, 2025, Regional shareholders and SunLink shareholders approved the merger of SunLink with and into Regional, with Regional as the surviving corporation pursuant to the Amended and Restated Agreement and Plan of Merger, dated as of April 14, 2025, as amended, by and between Regional and SunLink. The SunLink shareholders also approved at their special meeting, on a non-binding advisory basis, the SunLink merger-related compensation proposal. The closing of the proposed merger remains subject to customary closing conditions.