Hamilton Lane Incorporated Reports Public Offering Closure
Summary
Hamilton Lane Incorporated, Hamilton Lane Advisors, L.L.C., and a selling stockholder entered an underwriting agreement with BofA Securities, Inc. on September 2, 2025, for a registered public offering. The offering, which closed on September 4, 2025, involved the sale of 528,705 shares of Class A common stock at $146.51 per share. The Company issued 378,705 shares, generating net proceeds of $55.48 million, intended for cash exchanges of HLA membership units. A selling stockholder sold 150,000 shares, receiving $21.98 million in net proceeds.
Why It Matters
The Company successfully raised $55.48 million in net proceeds from its public offering. This capital infusion directly impacts the company's financial liquidity and capital structure, signaling a strategic move in managing its equity and ownership interests by settling cash exchanges of membership units in HLA.
Key Quote
“On September 2, 2025, Hamilton Lane Incorporated (the "Company"), Hamilton Lane Advisors, L.”
— From Item 8.01
Filing Details
Reported Items
Additional Information
- CIK Number
- 0001433642
- Filing Date
- Thursday, September 4, 2025
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- medium
- Sentiment
- neutral