4/A: Chicago Pacific Founders Corrects Ownership Reporting for P3 Health Partners Inc.
SEC Form 4/A Amendment
Chicago Pacific Founders UGP III, LLC files an amended Form 4 to correct an omission of 157,416 shares in previous filings related to P3 Health Partners Inc. ownership.
Summary
- Chicago Pacific Founders UGP III, LLC filed an amended Form 4 on September 10, 2024, to correct an error in previous filings.
- The error involved an omission of 157,416 shares of P3 Health Partners Inc. (PIII) Class A Common Stock.
- This omission affected the number of shares reported in Column 5 of Table I in subsequent Form 4 filings by the reporting person.
- The corrected filing shows Chicago Pacific Founders UGP III, LLC beneficially owns 48,783,027 shares of P3 Health Partners Inc.
- Chicago Pacific Founders UGP III, LLC is the general partner of Chicago Founders GP III, LP, which is the general partner of CPF III PT SPV, LLC and CPF III-A PT SPV, LLC.
- As a result, Chicago Pacific Founders UGP III, LLC has the power to vote and dispose of the Issuer's securities held by CPF III PT SPV, LLC and CPF III-A PT SPV, LLC.
- Chicago Pacific Founders UGP III, LLC and GP III disclaim beneficial ownership for the amount in excess of their pecuniary interest in the Underlying Securities.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't convey strong positive or negative sentiment, but the need for correction introduces a slightly negative aspect.
Negatives
- The need for an amended filing indicates a prior error in reporting ownership.
Risks
- Inaccurate reporting can lead to regulatory scrutiny and potential penalties.
Industry Context
Form 4 filings are a standard part of regulatory compliance for individuals and entities with significant ownership in publicly traded companies, ensuring transparency in the market.
Stakeholder Impact
- Shareholders benefit from accurate and transparent reporting of beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 05/25/2023 | Date of Earliest Transaction |
| 05/30/2023 | Date of Original Filed Form 4 which contained the error |
| 09/10/2024 | Date of Amended Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.