---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-230601"
form_type: "8-K"
ticker: "RPC"
cik: "0001841968"
company_name: "Ridgepost Capital, Inc."
filed_at: "2022-08-26T23:59:59+00:00"
generated_at: "2026-06-23T21:08:12.946927+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# P10 acquires venture debt firm WTI for $97M cash + equity; earnout up to $70M

## Summary
- Purchase price: $97M cash and 3,916,666 P10 Intermediate units exchangeable into PX stock one-for-one.
- Earnout targets total $70M; EBITDA hurdles at $20M, $22.5M, $25M; expected close Q4 2022.
- WTI has deployed $7.8B in loans across 1,400+ companies since 1980; management team stays.
- P10 increased credit facility by $125M (revolver +$37.5M, term loan +$87.5M) to fund cash portion.
- Expects WTI to contribute >$12.5M Adjusted EBITDA in first full year; accretive to ANI per share in 2023.

## SEC filing metadata
- accession: 0001193125-22-230601
- form_type: 8-K
- ticker: RPC
- cik: 0001841968
- company_name: Ridgepost Capital, Inc.
- filed_at: 2022-08-26T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841968/000119312522230601/0001193125-22-230601-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841968/000119312522230601/d273626d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-230601
- JSON: https://secwatch.observer/filing/0001193125-22-230601.json
- Plain text: https://secwatch.observer/filing/0001193125-22-230601.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.