Form 4: Chicago Pacific Founders Increases Stake in P3 Health Partners Inc. (PIII)

Chicago Pacific Founders UGP III, LLC, along with affiliated entities, has increased its indirect ownership in P3 Health Partners Inc. (PIII) through a series of open market purchases.

Summary

• Chicago Pacific Founders UGP III, LLC, along with affiliated entities including Chicago Pacific Founders GP III, L.P., CPF III PT SPV, LLC, and CPF III-A PT SPV, LLC, reported changes in their beneficial ownership of P3 Health Partners Inc. (PIII) Class A Common Stock.
• Between September 9, 2024, and September 11, 2024, the entities purchased a total of 240,000 shares of Class A Common Stock.
• The purchases were made in multiple transactions at varying weighted average prices: $0.5334 on September 9, $0.5153 on September 10, and $0.5591 on September 11.
• Following these transactions, the total number of shares beneficially owned indirectly by the reporting persons is 77,025,438.
• The reporting persons disclaim beneficial ownership for the amount in excess of their pecuniary interest in the Underlying Securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The increased investment by a major shareholder could be seen as a positive signal, but the filing itself is a routine disclosure.

Positives

• Increased investment by Chicago Pacific Founders may signal confidence in P3 Health Partners' future prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders or significant shareholders of a publicly traded company buy or sell shares. This filing indicates increased investment by a major shareholder.

Stakeholder Impact

• The increased stake by Chicago Pacific Founders could be viewed positively by shareholders.

Key Dates