Houlihan Lokey Files 8-K on Equity Sale
Ticker: HLI · Form: 8-K · Filed: Dec 9, 2024 · CIK: 1302215
| Field | Detail |
|---|---|
| Company | Houlihan Lokey, Inc. (HLI) |
| Form Type | 8-K |
| Filed Date | Dec 9, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $60.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: equity-sale, unregistered-securities, 8-k
Related Tickers: HLI
TL;DR
HLI filed an 8-K for unregistered equity sale - watch for details.
AI Summary
On December 5, 2024, Houlihan Lokey, Inc. filed an 8-K report detailing an unregistered sale of equity securities. The filing also includes other events and financial statements and exhibits. The company is incorporated in Delaware and its principal executive offices are located in Los Angeles, California.
Why It Matters
This filing indicates a transaction involving the company's equity, which could have implications for its capital structure and shareholder value.
Risk Assessment
Risk Level: medium — Unregistered sales of equity can sometimes signal unusual financing activities or potential dilution, requiring closer examination.
Key Players & Entities
- HOULIHAN LOKEY, INC. (company) — Registrant
- December 5, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 10250 Constellation Blvd., 5th Floor, Los Angeles, California 90067 (address) — Principal Executive Offices
- 310-553-8871 (phone_number) — Registrant's telephone number
FAQ
What type of equity securities were sold in the unregistered sale?
The filing does not specify the exact type of equity securities sold in the unregistered sale.
What was the date of the unregistered sale of equity securities?
The filing reports the earliest event date as December 5, 2024, which is when the 8-K was filed, but does not explicitly state the date of the sale itself.
Were these securities sold to accredited investors?
The filing mentions 'Unregistered Sales of Equity Securities' but does not provide details on the purchasers or whether they were accredited investors.
What is the purpose of this unregistered sale of equity securities?
The filing does not disclose the specific purpose behind the unregistered sale of equity securities.
Are there any financial statements or exhibits attached to this filing?
Yes, the filing indicates that it includes 'Financial Statements and Exhibits'.
Filing Stats: 954 words · 4 min read · ~3 pages · Grade level 12.1 · Accepted 2024-12-09 17:08:30
Key Financial Figures
- $0.001 — stered Class A Common Stock, par value $0.001 HLI New York Stock Exchange Indica
- $60.0 million — aggregate value of up to approximately $60.0 million (the "Earn-Out Shares"), in each case,
Filing Documents
- d798072d8k.htm (8-K) — 29KB
- d798072dex51.htm (EX-5.1) — 13KB
- g798072g1206120410682.jpg (GRAPHIC) — 2KB
- g798072g1206120549330.jpg (GRAPHIC) — 3KB
- 0001193125-24-273510.txt ( ) — 171KB
- hli-20241205.xsd (EX-101.SCH) — 3KB
- hli-20241205_lab.xml (EX-101.LAB) — 18KB
- hli-20241205_pre.xml (EX-101.PRE) — 11KB
- d798072d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 5.1 Opinion of Latham & Watkins LLP. 23.1 Consent of Latham & Watkins LLP (included in Exhibit 5.1). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: December 9, 2024 Houlihan Lokey, Inc. By: /s/ J. Lindsey Alley Name: J. Lindsey Alley Position: Chief Financial Officer