{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-038508","form_type":"8-K","ticker":"RPC","cik":"0001841968","company_name":"Ridgepost Capital, Inc.","filed_at":"2026-02-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.498517+00:00","generated_at":"2026-05-16T04:32:51.457261+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"P10 acquires Stellus Capital Management for $250M, expanding into lower-middle market direct lending","bullets":["Initial consideration $250M ($125M cash + $125M units); up to $60M earnout based on 2027/2029 FRR.","Stellus adds ~$3.8B AUM ($2.6B fee-paying); >70% FRR from permanent capital vehicles.","Stellus senior team invested $10.3B across 375+ companies over 20+ years; annualized loss rate ~0.14%.","Transaction expected to close mid-2026; modestly accretive to ANI per share and FRE margin in first full year."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-038508","json":"https://secwatch.observer/filing/0001193125-26-038508.json","markdown":"https://secwatch.observer/filing/0001193125-26-038508.md","text":"https://secwatch.observer/filing/0001193125-26-038508.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1841968/000119312526038508/0001193125-26-038508-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1841968/000119312526038508/px-20260205.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T04:32:51.457261+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"564930c77ee32cb6ba7a825adbd1c2e5b28de3d9","claim":"Ridgepost Capital, Inc. entered into Purchase Agreement with certain entities affiliated with Stellus Capital Management, LLC and certain direct and indirect equityholders of Stellus valued at $125,000,000 in cash and 11,770,245 membership units (effective 2026-02-04).","evidence_excerpt":"On February 4, 2026, P10 Intermediate Holdings LLC, a Delaware limited liability company (“Purchaser”) and a subsidiary of P10, Inc., a Delaware corporation (the “Company”), entered into an interest purchase agreement (the “Purchase Agreement”) with certain entities (together, the “Sellers”) affiliated with Stellus Capital Management, LLC, a Delaware limited liability company (“Stellus”), and certain direct and indirect equityholders of Stellus, pursuant to which, subject to the satisfaction or waiver of specified conditions, Purchaser would acquire all of the issued and outstanding equity interests of Stellus (the “Transaction”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1841968/000119312526038508/0001193125-26-038508-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"certain entities affiliated with Stellus Capital Management, LLC and certain direct and indirect equityholders of Stellus"},{"label":"Value","value":"$125,000,000 in cash and 11,770,245 membership units"},{"label":"Effective","value":"2026-02-04"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}