secwatch.observer — SEC 8-K summary
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Issuer:     GPB Holdings II, LP (—)
CIK:        0001640265
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0001104659-24-006679
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 2.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GPB Holdings II sells HPI Holdco for $190M cash; board adopts liquidation plan
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1640265/000110465924006679/0001104659-24-006679-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1640265/000110465924006679/tm244128d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-006679

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