secwatch.observer — SEC 8-K summary
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Issuer:     HENNESSY ADVISORS INC (HNNA)
CIK:        0001145255
Form:       8-K
Filed at:   2022-12-22T23:59:59+00:00
Accession:  0000950170-22-026968
Event type: m_and_a
Sentiment:  positive
Materiality: 0.45
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hennessy Advisors completes $43M acquisition of Stance ESG ETF, its 11th deal
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- Acquired assets of Stance Equity ESG Large Cap Core ETF (STNC) and reorganized it as Hennessy Stance ESG Large Cap ETF.
- Transaction adds approximately $43 million in assets under management.
- Stance Capital and Vident Investment Advisory become sub-advisors; portfolio managers Bill Davis and Kyle Balkissoon continue.
- This is Hennessy's 11th successful asset purchase, expanding its product offerings into the ETF market.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1145255/000095017022026968/0000950170-22-026968-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1145255/000095017022026968/hnna-20221222.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-026968

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