---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-039658"
form_type: "8-K"
ticker: "PIII"
cik: "0001832511"
company_name: "P3 Health Partners Inc."
filed_at: "2023-03-31T23:59:59+00:00"
generated_at: "2026-06-17T08:21:01.536695+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# P3 Health Partners raises ~$89.5M in private placement of common stock and warrants

## Summary
- Issued ~69.2M shares, ~59.9M warrants, ~10.8M pre-funded warrants at ~$1.12/unit for institutions, ~$1.19 for employees/consultants.
- CPF affiliates purchase ~$71M of the offering, including ~52.8M shares, ~10.8M pre-funded warrants, ~47.6M warrants.
- Closing expected April 6, 2023; registration statement to be filed within 30 days post-closing.
- CPF gets board designation and information rights if ownership >=40%, and standstill until June 30, 2024 limiting ownership to 49.99%.

## SEC filing metadata
- accession: 0001104659-23-039658
- form_type: 8-K
- ticker: PIII
- cik: 0001832511
- company_name: P3 Health Partners Inc.
- filed_at: 2023-03-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1832511/000110465923039658/0001104659-23-039658-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1832511/000110465923039658/tm2311127d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-039658
- JSON: https://secwatch.observer/filing/0001104659-23-039658.json
- Plain text: https://secwatch.observer/filing/0001104659-23-039658.txt

## Key facts
- Material Agreements
  P3 Health Partners Inc. entered into Securities Purchase Agreement with the purchasers named therein valued at aggregate gross proceeds of approximately $89.5 million (effective 2023-03-30).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: the purchasers named therein
  - Value: aggregate gross proceeds of approximately $89.5 million
  - Effective: 2023-03-30
  source text: On March 30, 2023, P3 Health Partners Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with the purchasers named therein (the “Purchasers”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1832511/000110465923039658/0001104659-23-039658-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.