P10, Inc. Ownership Update Filed

TL;DR

P10 Inc. ownership group filed an amendment, watch for potential stock moves.

AI Summary

On December 13, 2024, 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 filed an amendment (Amendment No. 6) to their Schedule 13D concerning P10, Inc. The filing indicates a change in beneficial ownership of P10, Inc. Class A Common Stock.

Why It Matters

This filing signals a potential shift in control or significant stakeholder activity for P10, Inc., which could impact its stock price and strategic direction.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D often indicate significant changes in beneficial ownership, which can lead to increased volatility.

Key Players & Entities

• P10, Inc. (company) — Subject Company
• 210/P10 Acquisition Partners, LLC (company) — Filing Group Member
• C. Clark Webb (person) — Filing Group Member
• CCW/Law Holdings, LLC (company) — Filing Group Member
• Covenant RHA Partners, L.P. (company) — Filing Group Member
• RHA Investments, Inc. (company) — 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
• $13.3788 — 0/P10 (95,000) Class A 12/6/2024 $13.3788 $1.271 M Open market sale 210/P10
• $1.271 M — 000) Class A 12/6/2024 $13.3788 $1.271 M Open market sale 210/P10 (275,000)
• $13.2632 — /P10 (275,000) Class A 12/9/2024 $13.2632 $3.647 M Open market sale 210/P10
• $3.647 M — 000) Class A 12/9/2024 $13.2632 $3.647 M Open market sale 210/P10 (145,000)
• $13.3836 — P10 (145,000) Class A 12/10/2024 $13.3836 $1.941 M Open market sale 210/P10
• $1.941 M — 00) Class A 12/10/2024 $13.3836 $1.941 M Open market sale 210/P10 (155,000)
• $13.5233 — P10 (155,000) Class A 12/11/2024 $13.5233 $2.096 M Open market sale 210/P10
• $2.096 M — 00) Class A 12/11/2024 $13.5233 $2.096 M Open market sale 210/P10 (100,000)
• $13.5124 — P10 (100,000) Class A 12/12/2024 $13.5124 $1.351 M Open market sale 210/P10
• $1.351 M — 00) Class A 12/12/2024 $13.5124 $1.351 M Open market sale 210/P10 (50,000)
• $13.2560 — /P10 (50,000) Class A 12/13/2024 $13.2560 $0.663 M Open market sale
• $0.663 M — 00) Class A 12/13/2024 $13.2560 $0.663 M Open market sale

Filing Documents

• d895064dsc13da.htm (SC 13D/A) — 150KB
• 0001193125-24-278816.txt ( ) — 152KB

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 50,000 shares of Class A common stock and the 4,967,397 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 common stock held by 210/P10. 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 Class A

Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer. Item 6 of the Original Schedule 13D is hereby amended and supplemented by adding the following after the first paragraph under the subheading Controlled Company Agreement : The Reporting Persons have engaged in discussions with the Issuer regarding the removal of 210/P10 from the Controlled Company Agreement.

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: December 13, 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 December 13, 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 (95,000) Class A 12/6/2024 $13.3788 $1.271 M Open market sale 210/P10 (275,000) Class A 12/9/2024 $13.2632 $3.647 M Open market sale 210/P10 (145,000) Class A 12/10/2024 $13.3836 $1.941 M Open market sale 210/P10 (155,000) Class A 12/11/2024 $13.5233 $2.096 M Open market sale 210/P10 (100,000) Class A 12/12/2024 $13.5124 $1.351 M Open market sale 210/P10 (50,000) Class A 12/13/202

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