Astrana Health Files 8-K

TL;DR

Astrana Health (APLS) filed an 8-K on 3/29, check it out.

AI Summary

Astrana Health, Inc. filed an 8-K on April 2, 2024, reporting other events and financial statements as of March 29, 2024. The company, formerly known as Apollo Medical Holdings, Inc., is based in Alhambra, California.

Why It Matters

This filing provides an update on the company's corporate events and financial reporting, which is crucial for investors to understand the company's current status.

Risk Assessment

Risk Level: low — The filing is a routine 8-K reporting other events and financial statements, not indicating any immediate significant operational or financial distress.

Key Players & Entities

• Astrana Health, Inc. (company) — Registrant
• Apollo Medical Holdings, Inc. (company) — Former Company Name
• Alhambra, California (location) — Principal Executive Offices
• March 29, 2024 (date) — Date of earliest event reported
• April 2, 2024 (date) — Filing Date

FAQ

Filing Documents

• tm2410366d1_8k.htm (8-K) — 30KB
• tm2410366d1_ex10-1.htm (EX-10.1) — 64KB
• tm2410366d1_ex10-2.htm (EX-10.2) — 36KB
• 0001104659-24-042549.txt ( ) — 314KB
• ameh-20240329.xsd (EX-101.SCH) — 3KB
• ameh-20240329_lab.xml (EX-101.LAB) — 33KB
• ameh-20240329_pre.xml (EX-101.PRE) — 22KB
• tm2410366d1_8k_htm.xml (XML) — 4KB

01 Other Events

Item 8.01 Other Events. On November 7, 2023, Astrana Health, Inc. (the "Company") filed a Current Report on Form 8-K reporting that it entered into an Asset and Equity Purchase Agreement (as amended, the "Purchase Agreement") to acquire (i) all of the outstanding general and limited partnership interests of Advanced Health Management Systems, L.P. ("AHMS") and (ii) substantially all the assets of Community Family Care Medical Group IPA, Inc. ("CFC"). Also on November 7, 2023, Astrana Health Management, Inc. (f/k/a Network Medical Management, Inc.), a wholly-owned subsidiary of the Company, entered into a Stock Purchase Agreement (the "I Health Purchase Agreement") to purchase 25% of the outstanding shares of common stock of I Health, Inc. As previously announced in a Current Report on Form 8-K filed on February 2, 2024, on January 31, 2024, the first closing under the Purchase Agreement occurred, and the Company completed its acquisition of CFC's assets pursuant to the terms of the Purchase Agreement. On March 31, 2024, the Company completed both the second closing under the Purchase Agreement, thus acquiring the outstanding general and limited partnership interests of AHMS, and the closing of the I Health Purchase Agreement. In connection with the closing of the Purchase Agreement, the parties to the Purchase Agreement entered into Amendment No. 2 to the Purchase Agreement (the "CFC Amendment") on March 29, 2024, which provided for minor modifications to the Purchase Agreement. In addition, in connection with the closing of the I Health Purchase Agreement, the parties to the I Health Purchase Agreement entered into Amendment No. 1 to the I Health Purchase Agreement (the "I Health Amendment" and, together with the CFC Amendment, the "Amendments") on March 31, 2024, which amended the I Health Purchase Agreement by, among other things, adjusting the purchase price and providing for a contingent payment to I Health payable within 90 days of closing. The foregoing

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Amendment No. 2 to Asset and Equity Purchase Agreement, dated as of March 29, 2024, by and among Metropolitan IPA, a California professional corporation, Astrana Health Enablement of CA LLC (f/k/a ApolloCare Enablement of CA, LLC), Astrana Health Management, Inc. (f/k/a Network Medical Management, Inc.), Astrana Health, Inc. (f/k/a Apollo Medical Holdings, Inc.), Community Family Care Medical Group IPA, Inc., Advanced Health Management Systems, L.P., Accie M. Mitchell and Gloria C. Mitchell, as Co-Trustees of the Mitchell Family Trust dated July 2, 2003, CFC Management, LLC, the other parties thereto and Marc Mitchell, as the Equityholder Representative. 10.2* Amendment No. 1 to Stock Purchase Agreement, dated as of March 31, 2024, by and among Astrana Health Management, Inc. (f/k/a Network Medical Management, Inc.), I Health, Inc., Ronald Brandt and Allison Brandt. 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document). * Certain of the exhibits and schedules to this exhibit have been omitted in accordance with Regulation S-K Item 601(a)(5). The Company agrees to furnish a copy of all omitted exhibits and schedules to the Securities and Exchange Commission upon its request.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ASTRANA HEALTH, INC. Date: April 2, 2024 By: /s/ Brandon Sim Name: Brandon Sim Title: Chief Executive Officer and President

View Full Filing

View this 8-K filing on SEC EDGAR