P10, Inc. Ownership Update Filed

TL;DR

BIG 13D/A filing for P10, Inc. - ownership changes reported by 210 Capital and others.

AI Summary

On November 27, 2024, a Schedule 13D/A filing was made concerning P10, Inc. The filing indicates a change in beneficial ownership by a group including 210 Capital, LLC, C. Clark Webb, and Robert Alpert. The group's filing relates to P10, Inc.'s Class A Common Stock.

Why It Matters

This filing signals a potential shift in control or significant influence over P10, Inc. by the reporting group, which could impact the company's strategic direction and stock performance.

Risk Assessment

Risk Level: medium — Schedule 13D filings often indicate significant stake-building or changes in control, which can lead to increased volatility and strategic shifts for the company.

Key Players & Entities

• P10, Inc. (company) — Subject Company
• 210 Capital, LLC (company) — Filing Group Member
• C. Clark Webb (person) — Filing Group Member
• Robert Alpert (person) — Filing Group Member
• Adam W. Finerman, Esq. (person) — Authorized Contact

FAQ

Key Financial Figures

• $0.001 — suer) Class A Common Stock, par value $0.001 per share (Title of Class of Securiti
• $20.437 M — ) Class A 11/25/2024 $ 13.9886 $20.437 M Open market sale 210/P10 (2,000,00
• $4.793 M — ) Class A 11/25/2024 $ 14.1389 $4.793 M Open market sale 210/P10 (289,028
• $4.031 M — ) Class A 11/26/2024 $ 13.9482 $4.031 M Open market sale 210/P10 (250,000
• $3.509 M — ) Class A 11/27/2024 $ 14.0347 $3.509 M Open market sale

Filing Documents

• d869893dsc13da.htm (SC 13D/A) — 148KB
• 0001193125-24-267296.txt ( ) — 150KB

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 2,000,000 shares of Class A common stock and the 5,667,397 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 A and Class B common stock. In addition, (i) Mr. Alpert may be deemed to beneficially own 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 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 Reporting Persons have effected any transactions with respect to shares of C

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 27, 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 27, 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 210/P10 (1,460,972 ) Class A 11/25/2024 $ 13.9886 $20.437 M Open market sale 210/P10 (2,000,000 ) Class B 11/25/2024 $ 0 N/A Voluntary conversion of Class B shares into Class A shares 210/P10 2,000,000 Class A 11/25/2024 $ 0 N/A Voluntary conversion of Class B shares into Class A shares Robert Alpert (339,028 ) Class A 11/25/2024 $ 14.1389 $4.793 M Open market sale

View Full Filing

View this SC 13D/A filing on SEC EDGAR