SCHEDULE: 210 Capital and Affiliates Exit P10 Inc. Shareholding After Transactions
Ownership Disclosure Amendment
210 Capital, along with its affiliates, has ceased to be beneficial owners of more than 5% of P10 Inc.'s Class A common stock, marking their exit from significant shareholding.
Summary
- This document is an amendment to a Schedule 13D filing, indicating that 210 Capital and its affiliates, including 210/P10 Acquisition Partners, LLC, CCW/LAW Holdings, LLC, Covenant RHA Partners, L.P., RHA Investments, Inc., Robert Alpert, and C. Clark Webb, have reduced their ownership in P10, Inc.
- The reporting persons collectively held 2,996,537 shares of Class A common stock, representing 4.3% of the outstanding shares, with Robert Alpert and C. Clark Webb also holding options for an additional 425,093 shares each.
- On January 24, 2025, the reporting persons' transactions resulted in each of them owning less than 5% of the outstanding Class A common stock, triggering this final amendment and exit filing.
- The total number of outstanding Class A common shares was 69,128,856 as of January 13, 2025.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a change in ownership. It does not contain any positive or negative sentiment, but rather reports a factual change.
Industry Context
This filing indicates a change in the ownership structure of P10, Inc., which could be of interest to other investors and stakeholders in the financial sector. It is a standard regulatory filing for significant changes in ownership.
Comparison to Industry Standards
- Schedule 13D filings are a standard requirement when an investor acquires more than 5% of a company's voting shares, and amendments are required when ownership changes significantly.
- The exit filing is a common occurrence when an investor reduces their stake below the 5% threshold, and is a standard process in the US financial markets.
- The reporting structure and information provided are consistent with SEC regulations for Schedule 13D filings.
Stakeholder Impact
- The reduction in shareholding by 210 Capital and its affiliates may have a minor impact on the share price of P10, Inc., but is unlikely to have a significant impact on other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 01/13/2025 | Date used to calculate the percentage of shares owned, based on 69,128,856 outstanding shares of Class A common stock. |
| 01/21/2025 | Date of event which requires filing of this statement. |
| 01/22/2025 | Date of the Issuer's Post-Effective Amendment No. 1 to Form S-1 on Form S-3, which reported the outstanding share count. |
| 01/24/2025 | Date when the Reporting Persons' transactions resulted in them owning less than 5% of the outstanding Class A common stock, triggering the exit filing. |
Keywords
Schedule 13D, P10 Inc., 210 Capital, Shareholding, Beneficial Ownership, Class A Common Stock, Exit Filing
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