Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 19, 2023, Erin Darakjian notified P3 Health Partners Inc. (the "Company") of her resignation as Chief Accounting Officer of the Company, effective as of January 27, 2023 (the "Effective Date"). On January 24, 2023, the Board of Directors of the Company designated Atul Kavthekar, the Company's Chief Financial Officer, as principal accounting officer of the Company, effective as of the Effective Date. Ms. Darakjian's resignation was a personal decision and was not the result of any disagreement with the Company on any matter relating to the registrant's operations, policies or practices, including its accounting principles, practices and controls.

Biographical information for Atul Kavethar can be found in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on December 1, 2022 and is incorporated herein by reference.

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