P10, Inc. (NYSE: PX), a leading private markets solutions provider, recently announced the results of its annual meeting of stockholders and the appointment of Tracey Benford as the lead independent director. The company's stockholders elected three class III directors to serve on the board until the 2027 annual meeting of stockholders. They also approved an amendment to the P10, Inc. 2021 incentive plan to increase the number of shares issuable under the plan by 11,000,000 shares and ratified the appointment of KPMG LLP as the company's independent registered public accounting firm to audit the company's financial statements for the fiscal year ending December 31, 2024.
P10 has a global investor base of more than 3,600 investors across 50 states, 60 countries, and six continents, including some of the world's largest pension funds, endowments, foundations, corporate pensions, and financial institutions.
At the annual meeting, all motions put forward by the company were passed, signifying a unified view from the board of directors and stockholders. Tracey Benford, who joined the board in April 2024, will continue to serve on the company’s audit committee, compensation committee, and nominating and corporate governance committee. According to Luke Sarsfield, P10's chairman and chief executive officer, the board is confident that Benford will provide critical industry expertise, strategic guidance, and prudent stewardship as the lead independent director, supporting the company's growth plan and establishing strong governance policy for effective oversight.
The official voting results for each item voted on by stockholders will be disclosed in a report to be filed with the Securities and Exchange Commission. For additional information on these proposals, interested parties can refer to the company's proxy statement.
As of March 31, 2024, P10 has a global investor base of more than 3,600 investors across 50 states, 60 countries, and six continents. As a result of these announcements, the company's shares have moved -0.4% on the market, and are now trading at a price of $7.97. If you want to know more, read the company's complete 8-K report here.
