P10, Inc. Ownership Change Filed
Ticker: RPC · Form: SC 13D/A · Filed: Nov 22, 2024 · CIK: 1841968
| Field | Detail |
|---|---|
| Company | P10, Inc. (RPC) |
| Form Type | SC 13D/A |
| Filed Date | Nov 22, 2024 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 17 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-change, sec-filing, schedule-13d
Related Tickers: PI
TL;DR
BIG investor group just updated their P10 stake. Watch this one.
AI Summary
On November 22, 2024, a Schedule 13D/A filing was made concerning P10, Inc. The filing indicates a change in beneficial ownership by a group including 210/P10 Acquisition Partners, LLC, C. Clark Webb, CCW/Law Holdings, LLC, Covenant RHA Partners, L.P., RHA Investments, Inc., and Robert Alpert. The group's business address is listed as 4514 Cole Avenue, Suite 1600, Dallas, TX 75205.
Why It Matters
This filing signals a potential shift in control or significant influence over P10, Inc. by a newly formed or updated group of investors, which could impact the company's strategic direction and stock performance.
Risk Assessment
Risk Level: medium — Schedule 13D filings often indicate significant stake changes, which can lead to increased volatility or strategic shifts in the company.
Key Players & Entities
- P10, Inc. (company) — Subject Company
- 210/P10 Acquisition Partners, LLC (company) — Group Member
- C. Clark Webb (person) — Group Member
- CCW/Law Holdings, LLC (company) — Group Member
- Covenant RHA Partners, L.P. (company) — Group Member
- RHA Investments, Inc. (company) — Group Member
- Robert Alpert (person) — Group Member
- 210 Capital, LLC (company) — Filing Party
- Adam W. Finerman, Esq. (person) — Authorized Contact
FAQ
What is the specific nature of the change in beneficial ownership being reported for P10, Inc.?
The filing is an Amendment No. 3 to Schedule 13D, indicating a change in beneficial ownership by the reporting group, but the exact nature and extent of the change are detailed within the full document not provided.
Who are the primary entities involved in this Schedule 13D/A filing regarding P10, Inc.?
The filing involves a group including 210/P10 Acquisition Partners, LLC, C. Clark Webb, CCW/Law Holdings, LLC, Covenant RHA Partners, L.P., RHA Investments, Inc., Robert Alpert, and is filed by 210 Capital, LLC.
What is the business address associated with the reporting group for P10, Inc.?
The business address for the reporting group and 210 Capital, LLC is 4514 Cole Avenue, Suite 1600, Dallas, TX 75205.
When was this Schedule 13D/A filing for P10, Inc. submitted to the SEC?
The filing was submitted on November 22, 2024.
What is the CUSIP number for P10, Inc.'s Class A Common Stock?
The CUSIP number for P10, Inc. Class A Common Stock is 69376K106.
Filing Stats: 4,358 words · 17 min read · ~15 pages · Grade level 14.6 · Accepted 2024-11-22 21:40:26
Key Financial Figures
- $0.001 — suer) Class A Common Stock, par value $0.001 per share (Title of Class of Securiti
Filing Documents
- d838387dsc13da.htm (SC 13D/A) — 155KB
- 0001193125-24-264586.txt ( ) — 156KB
of the Original Schedule 13D is hereby amended and restated in its entirety as follows
Item 5 of the Original Schedule 13D is hereby amended and restated in its entirety as follows: (a) (b) The information contained in rows 7, 8, 9, 10, 11 and 13 on the cover pages of this Schedule 13D (including the footnotes thereto) is incorporated by reference herein. 210/P10 is the direct beneficial holder of the 2,000,000 shares of Class A common stock and 7,667,397 shares of Class B common stock that may be deemed to be beneficially owned by each Reporting Person. The holders of Class B Common Stock may elect to convert on a one-for-one basis into Class A Common Stock at any time. 210/P10 is managed by its sole member, 210 Capital, which is managed by its members RHA Partners and CCW Holdings. Mr. Webb has the power to direct the affairs of CCW Holdings as its sole manager. In addition, RHA Partners is managed by its general partner RHA Investments, and Mr. Alpert has the power to direct the affairs of RHA Investments as its President and sole shareholder. Accordingly, each of 210 Capital, RHA Partners, CCW Holdings, RHA Investments, Mr. Alpert and Mr. Webb may be deemed to beneficially own such shares of Class B common stock. In addition, (i) Mr. Alpert directly holds 339,028 shares of Class A common stock and may be deemed to beneficially own an additional 425,093 shares of Class A common stock issuable upon exercise of exercisable stock options; and (ii) Mr. Webb may be deemed to beneficially own an additional 425,093 shares of Class A common stock issuable upon exercise of exercisable stock options. However, each Reporting Person declares that neither the filing of this Schedule 13D nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Exchange Act of 1934, as amended, the beneficial owner of any securities or rights to acquire securities directly held by any other Reporting Person covered by this Schedule 13D. (c) Except as described herein and on Appendix A , none of the R
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: November 22, 2024 210/P10 ACQUISITION PARTNERS, LLC By: 210 Capital, LLC Its: Member By: /s/ Robert Alpert Its: Authorized Signatory 210 CAPITAL, LLC By: Covenant RHA Partners, L.P. Its: Member By: /s/ Robert Alpert Its: Authorized Signatory By: CCW/LAW Holdings, LLC Its: Member By: /s/ C. Clark Webb Its: Authorized Signatory CCW/LAW HOLDINGS, LLC By: /s/ C. Clark Webb Its: Authorized Signatory COVENANT RHA PARTNERS, L.P. By: RHA Investments, Inc. Its: Member By: /s/ Robert Alpert Its: Authorized Signatory RHA INVESTMENTS, INC. By: /s/ Robert Alpert Its: President /s/ Robert Alpert ROBERT ALPERT /s/ C. Clark Webb C. CLARK WEBB Appendix A For each Reporting Person listed below, the following table sets forth information regarding transactions involving shares of Class A common stock or Class B common stock of the Issuer effected during the 60 days ended November 22, 2024, including the aggregate number of shares acquired or disposed of, the date of the transaction, the price per share, the aggregate proceeds and where and how the transaction were effected. Name of Reporting Person Number and Type of shares of common stock acquired or (disposed) Class of common stock Date Price Per Share Aggregate Proceeds Where and How the Transaction was Effected C. Clark Webb (2,000 ) Class A 11/13/2024 $ 12.0150 $ 0.024 M Open market sale 210/P10 (21,723 ) Class A 11/13/2024 $ 11.9433 $ 0.259 M Open market sale 210/P10 (98,277 ) Class A 11/14/2024 $ 11.9246 $ 1.172 M Open market sale 210/P10 (130,000 ) Class A 11/15/2024 $ 12.0130 $ 1.562 M Open market sale 210/P10 (165,000 ) Class A 11/18/2024 $ 12.1317 $ 2.002 M Open m