On July 6, 2021, Cede & Co. announced that it sent a letter, on July 1, 2021, to Regional Health Properties, Inc. requesting, on behalf of Charles Frischer, that the Company call a special meeting of the holders of shares of 10.875% Series A cumulative redeemable preferred stock of the Company for the purpose of electing two directors to the board of directors of the Company as is provided in the Company's certificate of incorporation. The letter further requested that after the Company had received requesters from holders of greater than 25% of the shares of the preferred stock, the Company set a date for the referenced special meeting not greater than 75 days after the receipt of the sufficient number of such requests.