DALLAS, May 29, 2018 (GLOBE NEWSWIRE) -- P10 Holdings, Inc. (OTC:PIOE) today announced the results of the voting at its 2018 Annual Meeting of Stockholders, held at 9:00 a.m., Central Time, on May 24, 2018. At the Annual Meeting of Stockholders, the Company’s stockholders voted on the following four matters:
(1) To elect two Class I directors to serve on the Board of Directors until the 2019 Annual Meeting of Stockholders and until their respective successors are elected and qualified;
(2) To elect two Class II directors to serve on the Board of Directors until the 2020 Annual Meeting of Stockholders and until their respective successors are elected and qualified;
(3) To elect one Class III director to serve on the Board of Directors until the 2021 Annual Meeting of Stockholders and until his or her successor is elected and qualified; and
(4) To ratify the appointment of KPMG LLP as the corporation’s independent registered public accounting firm for the fiscal year ending December 31, 2018.
As of the close of business on April 16, 2018, the record date for the Annual Meeting, there were 89,234,816 shares of the Company’s common stock issued and outstanding and entitled to vote at the Annual Meeting. The presence, in person or by proxy, of the holders of record of capital stock representing a majority of the votes entitled to be cast at the Annual Meeting constitutes a quorum. At the Annual Meeting, holders of a total of 65,825,241 (73.77%) shares of the Company’s common stock were present, in person or by proxy.
The Company’s stockholders (i) approved the election of C. Clark Webb and Jeff Gehl as the Class I directors, (ii) William Souder and Robert B. Stewart Jr. as the Class II directors, (iii) Robert H. Alpert as the Class III director, and (iv) ratified the appointment of KPMG LLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2018.
About P10 Holdings
P10 Holdings is an innovative alternative asset management investment firm located in Dallas, Texas. The firm’s purpose is to create long-term value for P10 Holdings shareholders by providing superior risk-adjusted returns to its Limited Partners through private equity funds-of-funds, secondary funds, and co-investment funds provided by its wholly-owned subsidiary, RCP Advisors (www.rcpadvisors.com). P10 Holdings intends to provide additional investment vehicles in other areas of alternative asset management where it believes it can generate superior returns for its Limited Partners which, over time, should generate value for P10 Holdings shareholders. Additionally, P10 Holdings will continue its plan to monetize its patents. P10 Holdings is focused on long-term value creation in opportunities where it sees significant potential for sustainable profit growth.
For more information, visit www.p10holdings.com. P10 Holdings stock trades on the OTC Pink Market, which is operated by OTC Markets Group, a centralized electronic quotation service for over-the-counter securities. P10 Holdings stock trades under the symbol “PIOE.”
Information in this release is for informational purposes only and is not to be construed as an offer to sell or the solicitation of an offer to buy any security.
P10 Press and Investor Contact:
CFO and Vice President, Finance
Source: P10 Holdings