P3 Health Partners (PIII) Announces $42.2M Placement at $0.627/unit
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P3 Health Partners Inc. Announces Approximately $42.2 Million Private Placement
May 23, 2024 8:00 AM EDTHENDERSON, Nev.--(BUSINESS WIRE)-- P3 Health Partners Inc. (Nasdaq: PIII), a patient- centered and physician-led population health management company (the Company), today announced that it has entered into definitive agreements to sell securities in a private placement with certain institutional investors. The lead institutional investors in the private placement are affiliates of Chicago Pacific Founders (CPF). The transaction is expected to result in gross proceeds of approximately $42.2 million, including approximately $20.0 million of gross proceeds from purchases by affiliates of CPF, before deducting placement agent fees and offering expenses.
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