P10 Industries, Inc. (OTCPK:PIOE) entered into a purchase agreement to acquire RCP Advisors 3, LLC on October 5, 2017. P10 Industries, Inc. collectively issued 44.2 million shares, alongside cash and seller notes for the acquisition of RCP Advisors 2, LLC and RCP Advisors 3, LLC. RCP Advisors 3, LLC will continue to be managed by its existing team. William Souder and Jeff Gehl will replace Mark A. Ascolese and Daryl Dulaney as board members and C. Clark Webb will be handed over CEO duties. The transaction is expected to close in January 2018. P10 Holdings, Inc. (OTCPK:PIOE) completed the acquisition of RCP Advisors 3, LLC on January 3, 2018.