SunLink Health Urges Stockholders to Vote FOR Proposed Merger by July 28.

SunLink Health Systems urges stockholders to vote "FOR" the proposed merger with Regional Health Properties. Over 99% of SunLink shares voted in favor of the merger, but additional votes are needed. Stockholders of record as of June 20, 2025, are encouraged to vote by July 28, 2025 at 11:59 PM EDT.

SunLink Health Systems, Inc. (NYSE American: SSY) has released an update on proxy voting for the proposed merger with Regional Health Properties, Inc. Over 99% of SunLink shares have already voted in favor of the merger, but additional votes are needed to achieve approval. Stockholders of record as of June 20, 2025, are urged to vote FOR the merger by July 28, 2025, at 11:59 PM EDT.

The merger, which aims to combine SunLink’s pharmacy operations with Regional’s nursing home and healthcare real estate operations, is expected to increase vertical integration, reduce operating expenses, take advantage of economies of scale, mitigate supplier market power, and improve the financial condition of the combined company. The proposal includes a majority vote threshold for the merger to be consummated, with SunLink stockholders required to vote FOR Proposal 1, which approves the merger agreement and related transactions.

SunLink’s Chief Executive Officer, Robert M. Thornton, Jr., commented, “We appreciate the strong support from SunLink’s voting stockholders and strongly urge all unvoted stockholders of record to vote FOR all proposals in order to move forward with the Merger.” Leading independent proxy advisory firm ISS has reviewed the transaction and concluded that it is in the best interests of SunLink stockholders [1].

Stockholders can vote via the Internet, by telephone, or by mail, with instructions provided on the accompanying proxy card. The proposals outlined in the Proxy include the proposed Merger with Regional, and the merger will be submitted to both the Regional and SunLink shareholders for their consideration.

Investors are urged to read the Registration Statement and the corresponding Joint Proxy Statement/Prospectus regarding the proposed merger, as well as any other relevant documents filed with the SEC. Copies of these documents can be obtained without charge from the SEC’s website or from SunLink and Regional’s investor relations departments.

SunLink and Regional, along with certain directors and executive officers, may be deemed participants in the solicitation of proxies from the shareholders of SunLink and Regional in connection with the proposed merger. Information about the directors and executive officers of SunLink and Regional can be found in their respective annual reports on Form 10-K or 10-K/A filed with the SEC.

References:
[1] https://www.morningstar.com/news/business-wire/20250724025221/sunlink-health-systems-inc-provides-an-update-on-proxy-voting-for-the-proposed-merger-with-regional-health-properties-inc-and-urges-stockholders-of-record-as-of-june-20-2025-to-vote-for-the-proposed-merger-by-july-28-2025-at-1159-pm-edt