BROOKLYN, N.Y., July 25, 2025 — Black Pearl Equities, LLC, herein referred to as “Black Pearl,” declared on July 18, 2025, the commencement of a tender offer. This offer is designed to acquire up to 49.9% of the outstanding common stock of Regional Health Properties, Inc. (OTCQB: RHEP) for $4.25 per share in cash. The tender offer is set to conclude at 5:00 p.m. Eastern Time on August 31, 2025, unless Black Pearl decides to extend the deadline.

This tender offer presents an opportunity for Regional Health Properties shareholders seeking liquidity for their investment or an alternative to their current holdings in the company. Shareholders who prefer not to participate in the company’s future direction may opt to tender their shares at a premium compared to recent market trading prices.

The offer is contingent upon various specific conditions, which include, but are not limited to, receiving valid tenders for at least 45% of the outstanding shares, Regional Health Properties waiving or amending any applicable rights plans or ownership limitations, and the absence of any material adverse changes to the company’s financial or operational standing. The comprehensive terms and conditions of this tender offer are fully detailed in the Schedule TO that Black Pearl Equities submitted to the U.S. Securities and Exchange Commission (“SEC”) on July 17, 2025.

This public announcement is strictly for informational purposes and does not constitute an offer to buy or a solicitation of an offer to sell any securities. No financial information or advice is being provided, other than informing shareholders of the tender price in comparison to the current trading price of the Company’s common shares. Shareholders are strongly advised to thoroughly review the Schedule TO, the Offer to Purchase, and all related documentation filed with the SEC, as these materials contain vital information about the offer. Shareholders should remain alert for any further announcements from Black Pearl regarding updates or modifications to the tender offer. These documents are accessible at no cost on the SEC’s website at or by contacting Black Pearl Equities at

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

SOURCE: Black Pearl Equities LLC