secwatch.observer — SEC 8-K summary
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Issuer:     HOULIHAN LOKEY, INC. (HLI)
CIK:        0001302215
Form:       8-K
Filed at:   2024-12-09T23:59:59+00:00
Accession:  0001193125-24-273510
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Houlihan Lokey closes acquisition of Waller Helms Advisors; issues 635,834 Class B shares with potential $60M earn-out
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- Closed acquisition of Waller Helms Advisors LLC on Dec 5, 2024; stock issued as partial consideration.
- Issued 635,834 Class B shares (386,428 vested, 249,406 subject to repurchase) to sellers.
- Earn-out shares up to $60M based on revenue performance over four measurement periods.
- Filed prospectus supplement for resale of up to 715,659 Class A shares convertible from Class B shares.
- Issuance exempt from registration under Section 4(a)(2) and Regulation D.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1302215/000119312524273510/0001193125-24-273510-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1302215/000119312524273510/d798072d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-273510

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer