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Regional Health Properties, Inc - RHE-PA STOCK NEWS

Welcome to our dedicated page for Regional Health Properties news (Ticker: RHE-PA), a resource for investors and traders seeking the latest updates and insights on Regional Health Properties stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Regional Health Properties's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Regional Health Properties's position in the market.

Rhea-AI Summary
Regional Health Properties, Inc. announced financial results for Q2 2023. They recorded a $43.4 million gain on extinguishment of preferred stock and reduced net loss from $1.3 million to $0.7 million. They generated $0.9 million of Adjusted EBITDA in the quarter. The Company reported total revenue of $4.6 million. They had $52 million of outstanding indebtedness with a weighted-average annual interest rate of 5.0% and a weighted-average maturity of approximately 19 years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.78%
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Rhea-AI Summary
Regional Health Properties, Inc. (NYSE American: RHE) has received notice from the NYSE American LLC that its plan to regain compliance with the Exchange's listing standards has been accepted. The company had previously received notices of non-compliance. The plan period extends until November 10, 2024.
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Rhea-AI Sentiment
End-of-Day
-1.27%
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Rhea-AI Summary
Regional Health Properties, Inc. announced that its 12.5% Series B Cumulative Redeemable Preferred Shares have commenced trading on the OTCQB Venture Market.
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-1.26%
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Rhea-AI Summary
Regional Health Properties, Inc. announced the final results and closing of its Exchange Offer to exchange its outstanding Series A Preferred Stock for newly issued Series B Preferred Stock. Approximately 80.1% of the outstanding shares of Series A Preferred Stock were tendered and accepted in the Exchange Offer, resulting in the issuance of 2,252,272 shares of Series B Preferred Stock. The transaction aims to improve the company's capital structure and maximize shareholder value.
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Rhea-AI Sentiment
End-of-Day
-1.94%
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-6.1%
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-0.63%
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Rhea-AI Sentiment
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0.88%
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Rhea-AI Summary

Regional Health Properties has announced that it regained compliance with the NYSE American continued listing standards as of February 21, 2023. This follows the resolution of a deficiency related to the failure to hold an annual shareholders' meeting for the fiscal year ended December 31, 2021. Consequently, the compliance indicator was removed on February 22, 2023, and the Company is no longer listed among noncompliant issuers. Regional Health Properties operates primarily in senior living and long-term care real estate investments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.25%
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FAQ

What is the market cap of Regional Health Properties (RHE-PA)?

The market cap of Regional Health Properties (RHE-PA) is approximately 444.9K.

Regional Health Properties, Inc

AMEX:RHE-PA

RHE-PA Rankings

RHE-PA Stock Data

444.89k