{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-006679","form_type":"8-K","ticker":null,"cik":"0001640265","company_name":"GPB Holdings II, LP","filed_at":"2024-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.942777+00:00","generated_at":"2026-06-06T18:21:03.506378+00:00","sec_items":["2.01","5.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"GPB Holdings II sells HPI Holdco for $190M cash; board adopts liquidation plan","bullets":["Completed sale of all equity interests of HPI Holdco to Lotus HPI Buyer for $190M cash, less adjustments, escrows and holdbacks.","Sale includes HealthPrime International; Technology-Enabled Services segment reported as discontinued operations.","Board commences plan to liquidate remaining net assets and wind up the Partnership; adopts liquidation accounting as of Dec 31, 2023.","Director Joseph LaPorta resigns effective Jan 19, 2024; departure not due to any disagreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-006679","json":"https://secwatch.observer/filing/0001104659-24-006679.json","markdown":"https://secwatch.observer/filing/0001104659-24-006679.md","text":"https://secwatch.observer/filing/0001104659-24-006679.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1640265/000110465924006679/0001104659-24-006679-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1640265/000110465924006679/tm244128d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T18:21:03.506378+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5d1cff4a70","claim":"Joseph LaPorta resigned as Director at GPB Holdings II, LP.","evidence_excerpt":"On January 19, 2024, Joseph LaPorta notified the Partnership of his decision to resign effective immediately from the Board which oversees the management related to the Partnership’s affairs.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1640265/000110465924006679/0001104659-24-006679-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"2ece800b3a848c93f92515b848d1bc603474aa1a","claim":"GPB Holdings II, LP completed a disposition involving Lotus HPI Buyer, Inc. for $190 million in cash (closed 2024-01-19).","evidence_excerpt":"Agreement”) previously announced by the Partnership in a Current Report on Form 8-K filed on December 21, 2023. At the closing of the Transaction, Purchaser paid Seller $190 million in cash (the “Purchase Price”), less applicable adjustments, escrows and holdbacks. In addition, pursuant to the Purchase Agreement, at the closing of the Transaction,","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1640265/000110465924006679/0001104659-24-006679-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Lotus HPI Buyer, Inc."},{"label":"Consideration","value":"$190 million in cash"},{"label":"Closing","value":"2024-01-19"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}