Equity (Tables)

6 Months Ended

Jun. 30, 2024

The following table summarizes the changes to AON LLC’s Class A, Class A-1, and Class B Units for the three and six months ended June 30, 2023.


in thousands, except for share and per share amounts	Three Months Ended June 30,		Six Months Ended June 30,
	2023		2023
Class A Units, value
Beginning of Period	$	7,725	$	7,725
Issuance of Units	—		—
Impact of the Reverse Recapitalization	—		—
End of Period	$	7,725	$	7,725

Class A Units, units
Beginning of Period	19,495,376		19,495,376
Issuance of Units	—		—
Impact of the Reverse Recapitalization	—		—
End of Period	19,495,376		19,495,376

Class A-1 Units, value
Beginning of Period	$	28,500	$	28,500
Issuance of Units	—		—
Impact of the Reverse Recapitalization	—		—
Impact of Derivative liability on Class A-1 anti-dilution feature	2,540		2,540
End of Period	$	31,040	$	31,040

Class A-1 Units, units
Beginning of Period	1,842,520		1,842,520
Issuance of Units
Impact of the Reverse Recapitalization	—		—
Distribution	439,176		439,176
End of Period	2,281,696		2,281,696

Class B Units, value
Beginning of Period	$	80	$	80
Equity based compensation	—		—
Impact of the Reverse Recapitalization	—
End of Period	$	80	$	80

Class B Units, units
Beginning of Period	4,703,628		4,703,628
Units Vested	—		—
Impact of the Reverse Recapitalization	—		—
End of Period	4,703,628		4,703,628

American Oncology Network, Inc. 10-Q