Special conference of Foresight Acquisition Corp. stockholders to approve the proposed company combination to be held on November 18, 2021 at 9:00 a.m. Central Time.
NEW YORK, Oct. 29, 2021 (Globe NEWSWIRE) — Foresight Acquisition Corp. (NASDAQ: FORE) (“Foresight”) and P3 Wellbeing Partners (“P3”), a individual centered and medical doctor led population wellness administration corporation, introduced that on Oct 28, 2021, Foresight submitted a definitive proxy statement (the “Proxy Assertion”) relating to the proposed business enterprise combination (the “Business Combination”) with P3. Foresight also announced that a particular conference of its stockholders will be held at 9:00 a.m. Central Time on November 18, 2021, in connection with the Business enterprise Mixture (the “Special Meeting”). The Proxy Statement is remaining mailed to Foresight’s stockholders of history as of the shut of business on October 8, 2021.
If the proposals at the Unique Conference are authorized, the events foresee that the Organization Blend will near as instantly as practicable immediately after the meeting, subject matter to the fulfillment or waiver (as applicable) of all other closing disorders.
On closing of the Business Mixture, the put together organization will be named P3 Health and fitness Partners Inc. and will be detailed on the NASDAQ underneath the new ticker symbol “PIII.”
“We are psyched to have arrived at this important milestone,” claimed Sherif Abdou, CEO of P3. “With our deep value-primarily based treatment knowledge and confirmed monitor record for addressing some of the largest problems in health care now, we seem forward to correctly completing the proposed Enterprise Mixture and supplying extra large-good quality care in order to increase individual outcomes and reduce professional medical expenditures.”
Greg Wasson, Chairman of Foresight, commented: “The Foresight workforce is psyched to be going ahead with this outstanding chance and perform carefully with the P3 management team to merge our health care and public company encounter with P3’s deep skills in price-dependent treatment.”
About Foresight Acquisition Corp.
Foresight is a specific reason acquisition corporation fashioned for the function of effecting a merger, funds inventory trade, asset acquisition, stock order, reorganization or comparable small business mixture with a person or much more organizations. For a lot more information and facts, check out foresightacq.com.
About P3 Wellness Associates
P3 is a individual-centered and medical professional-led inhabitants wellbeing management business. Launched and led by medical professionals, P3 is a workforce of health professionals, clinicians and assistance services pros with a shared passion for providing benefit-dependent treatment. We leverage our deeply built-in and capital efficient care design, knowledge and technologies, health practitioner leadership and local community outreach applications to develop enhanced client results and ordeals, bigger satisfaction for companies and caregivers and lower treatment charges. For more facts, stop by p3hp.org.
The information in this push launch features “forward-seeking statements” within just the indicating of the “safe harbor” provisions of the United States Personal Securities Litigation Reform Act of 1995. Ahead-searching statements might be determined by the use of phrases this sort of as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other comparable expressions that forecast or suggest foreseeable future activities or developments or that are not statements of historic issues. These ahead-seeking statements consist of, but are not confined to, statements pertaining to estimates and forecasts of fiscal and general performance metrics and expectations and timing related to probable rewards, phrases and timing of the transaction. These statements are based on various assumptions, whether or not determined in this press launch, and on the current anticipations of P3’s and Foresight’s administration and are not predictions of genuine performance. These ahead-searching statements are offered for illustrative needs only and are not meant to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of truth or likelihood. True events and instances are hard or difficult to forecast and will vary from assumptions. Quite a few precise activities and situations are over and above the control of P3 and Foresight. These ahead-on the lookout statements are subject to a selection of dangers and uncertainties, together with improvements in domestic and foreign organization, market place, money, political and legal problems the incapability of the functions to efficiently or timely consummate the proposed organization combination, together with the possibility that any demanded regulatory approvals are not acquired, are delayed or are matter to unanticipated circumstances that could adversely affect the mixed organization or the anticipated advantages of the proposed company combination or that the acceptance of the stockholders of Foresight or P3 is not received failure to comprehend the anticipated positive aspects of the proposed enterprise blend threats relating to the uncertainty of the projected money facts with respect to P3 long term world-wide, regional or area economic and market problems the growth, outcomes and enforcement of guidelines and restrictions P3’s means to handle foreseeable future development P3’s capability to produce new merchandise and alternatives, provide them to current market in a timely manner, and make enhancements to its system the outcomes of opposition on P3’s long term business enterprise the sum of redemption requests built by Foresight’s general public stockholders the means of Foresight or the combined corporation to issue equity or equity-joined securities in relationship with the proposed small business combination or in the foreseeable future the result of any potential litigation, federal government and regulatory proceedings, investigations and inquiries and those people variables discussed in Foresight’s Once-a-year Report on Kind 10-K for the year ended December 31, 2021 and submitted with the SEC on April 6, 2021 (the “Annual Report”) beneath the heading “Risk Elements,” in the Proxy Assertion less than the heading “Risk Factors” and other documents of Foresight filed, or to be submitted, with the SEC. If any of these hazards materialize or our assumptions confirm incorrect, true final results could vary materially from the effects implied by these ahead-seeking statements. There may be more hazards that neither P3 nor Foresight presently know or that P3 and Foresight currently believe are not product that could also cause precise final results to vary from those contained in the forward-hunting statements. In addition, ahead-looking statements mirror P3’s and Foresight’s anticipations, plans or forecasts of potential events and sights as of the date of this push release. P3 and Foresight foresee that subsequent events and developments will cause P3’s and Foresight’s assessments to alter. Even so, whilst P3 and Foresight may perhaps elect to update these forward-seeking statements at some point in the foreseeable future, P3 and Foresight specially disclaim any obligation to do so. These ahead-hunting statements really should not be relied on as symbolizing P3’s and Foresight’s assessments as of any day subsequent to the day of this press release. Appropriately, undue reliance need to not be placed upon the ahead-hunting statements.
Supplemental Facts About the Proposed Business Blend and The place to Locate It
The proposed enterprise combination will be submitted to stockholders of Foresight for their thing to consider. Foresight has submitted a definitive Proxy Assertion with the SEC to be dispersed to Foresight’s stockholders in connection with Foresight’s solicitation for proxies for the vote by Foresight’s stockholders in connection with the proposed organization mixture and other issues as described in the Proxy Statement. Foresight will mail the Proxy Statement and other appropriate files to its stockholders as of the history date set up for voting on the proposed Business Mixture. Foresight’s stockholders and other interested individuals are recommended to read the Proxy Assertion in connection with Foresight’s solicitation of proxies for its special assembly of stockholders to be held to approve, amongst other issues, the proposed Company Mix, because these paperwork incorporate critical information and facts about Foresight, P3 and the proposed Enterprise Blend. Stockholders may perhaps also get a copy of the Proxy Assertion, as very well as other files filed with the SEC concerning the proposed business enterprise blend and other files filed with the SEC by Foresight, without cost, at the SEC’s internet site situated at www.sec.gov or by directing a ask for to Gateway Investor Relations, (949) 574-3860, [email protected].
Individuals in the Solicitation
Foresight, P3 and selected of their respective administrators, govt officers and other users of management and personnel might, underneath SEC procedures, be deemed to be participants in the solicitations of proxies from Foresight’s stockholders in link with the proposed small business mixture. Information about the individuals who may, less than SEC regulations, be considered participants in the solicitation of Foresight’s stockholders in relationship with the proposed business enterprise blend are set forth in Foresight’s Proxy Statement that has been filed with the SEC. You can obtain a lot more facts about Foresight’s directors and govt officers in Foresight’s Once-a-year Report. Further details concerning the individuals in the proxy solicitation and a description of their immediate and indirect passions are provided in the Proxy Assertion. Stockholders, opportunity traders and other fascinated individuals ought to read the Proxy Statement meticulously in advance of building any voting or investment decision choices. You may possibly get absolutely free copies of these paperwork from the resources indicated earlier mentioned.
Kelley Waynert, Senior Supervisor, Strategic Communications
P3 Health Associates
Cody Slach, Alex Kovtun
General public Relations