P3 Health Partners Inc. Announces 2025 Annual Meeting Voting Results

Strategic Insights -

P3 Health Partners Inc. (PIII) recently held its 2025 Annual Meeting of Stockholders, where key proposals were voted on by shareholders. The meeting was held on June 4, 2025, and the results are outlined in the company's Form 8-K filing with the U.S. Securities and Exchange Commission.

The company's Class A common stock and Class V common stockholders, as of the close of business on April 10, 2024, were entitled to one vote per share. The voting results for the four proposals considered and voted upon at the Annual Meeting are as follows:

The election of three Class I directors for a term of office expiring on the date of the 2028 Annual Meeting of Stockholders was approved. Sherif Abdou, M.D., Greg Kazarian, and Greg Wasson were elected with the following voting results:

  • Sherif Abdou, M.D.: 213,121,802 FOR votes, 1,381,463 WITHHELD votes, and 19,312,493 Broker Non-Votes
  • Greg Kazarian: 213,517,485 FOR votes, 985,780 WITHHELD votes, and 19,312,493 Broker Non-Votes
  • Greg Wasson: 209,589,112 FOR votes, 4,914,153 WITHHELD votes, and 19,312,493 Broker Non-Votes

Proposal 2, the ratification of the appointment of BDO USA, P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2025, was also approved with 232,474,781 FOR votes, 690,557 AGAINST votes, and 650,420 ABSTAINED votes.

The advisory (non-binding) approval of the compensation of P3's named executive officers was also approved, with 211,787,285 FOR votes, 2,699,161 AGAINST votes, and 16,819 ABSTAINED votes.

Finally, Proposal 4, the approval of the issuance of up to 1,428,129 shares of Class A common stock upon the exercise of outstanding Class A common stock warrants held by VBC Growth SPV 4, LLC, was approved with 212,418,241 FOR votes, 2,067,920 AGAINST votes, and 17,104 ABSTAINED votes.

Key Takeaways:

  • Three Class I directors, Sherif Abdou, M.D., Greg Kazarian, and Greg Wasson, were elected for a term of office expiring on the date of the 2028 Annual Meeting of Stockholders.
  • BDO USA, P.C. was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2025.
  • The compensation of P3's named executive officers was approved on an advisory (non-binding) basis.
  • The issuance of up to 1,428,129 shares of Class A common stock upon the exercise of outstanding Class A common stock warrants held by VBC Growth SPV 4, LLC was approved.

Statistics:

  • Total number of shares outstanding: 213,121,802
  • Broker Non-Votes for Proposal 1: 19,312,493
  • Broker Non-Votes for Proposal 2: 0
  • Broker Non-Votes for Proposal 3: 19,312,493
  • Broker Non-Votes for Proposal 4: 19,312,493
  • Total number of shares participating in Proposal 4: 217,525,361

Sources:

  • UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 (Source: June 10, 2025)