---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-051677"
form_type: "8-K"
ticker: "PIII"
cik: "0001832511"
company_name: "P3 Health Partners Inc."
filed_at: "2024-12-17T23:59:59+00:00"
generated_at: "2026-05-29T02:32:31.392730+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 secures $25M financing from affiliate with 71.4M warrants at $0.2137/share

## Summary
- P3 LLC subsidiary entered a $25M unsecured promissory note with VBC 3 at 19.5% interest, maturing June 30, 2028.
- Warrants to purchase 71,406,480 shares of common stock at $0.2137 per share issued to VBC 3.
- Refinanced existing 2022 loan with VBC 1 at 0.5% lower interest; back-end fee waived.
- Proceeds to fund working capital; CPF standstill extended through January 1, 2026.
- Note subordinated to existing term loan; interest may be paid in-kind under subordination.

## SEC filing metadata
- accession: 0001628280-24-051677
- form_type: 8-K
- ticker: PIII
- cik: 0001832511
- company_name: P3 Health Partners Inc.
- filed_at: 2024-12-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1832511/000162828024051677/0001628280-24-051677-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1832511/000162828024051677/piii-20241212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-051677
- JSON: https://secwatch.observer/filing/0001628280-24-051677.json
- Plain text: https://secwatch.observer/filing/0001628280-24-051677.txt

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