ShareholdingAug 13, 2026, 05:23 PM
Houlihan Lokey Registers 365,078 Class A Shares for Resale
AI Summary
Houlihan Lokey, Inc. filed a prospectus supplement to register 365,078 shares of its Class A common stock for potential resale. These shares are issuable upon conversion of Class B common stock held by former members of Waller Helms Advisors LLC, acquired in December 2024, and 7 Mile Advisors, LLC, acquired in December 2023. The filing facilitates the ability of these sellers to monetize their equity holdings.
Key Highlights
- Houlihan Lokey registered 365,078 Class A common shares for potential resale.
- 255,422 shares are for former members of Waller Helms Advisors LLC.
- The Waller Helms Acquisition was completed in December 2024.
- 109,656 shares are for former members of 7 Mile Advisors, LLC.
- The 7 Mile Advisors Acquisition was completed in December 2023.
- Shares are issuable upon conversion of Class B common stock or from convertible notes.
- A legal opinion from Latham & Watkins LLP was filed regarding the shares.
Price Impact
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