other
confidence high
sentiment neutral
materiality 0.20
P3 Health Partners files historical Foresight Acquisition Corp. audited financials for 2020-2021 period
P3 Health Partners Inc.
- Audited financials cover Foresight Acquisition Corp. (predecessor to P3) as of Dec 2, 2021 and Dec 31, 2020, and periods from inception (Aug 20, 2020) through Dec 2, 2021.
- Foresight had net loss of $24.8M for Jan 1-Dec 2, 2021; cash and cash equivalents of $100,935 as of Dec 2, 2021.
- Going concern note: Foresight's cash and working capital insufficient to complete planned activities absent business combination (completed Dec 3, 2021).
- Filing made solely to incorporate financials by reference into P3's registration statements; no new business or operational update.