secwatch.observer — SEC 8-K summary
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Issuer:     LPL Financial Holdings Inc. (LPLA)
CIK:        0001397911
Form:       8-K
Filed at:   2025-04-02T23:59:59+00:00
Accession:  0001193125-25-071380
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LPL Financial closes public offering of 5.39M shares at $320, raising ~$1.73B
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- Underwriters exercised full option; total shares issued: 5,390,625 at $320 per share.
- Gross proceeds of approximately $1.73 billion before underwriting discounts and expenses.
- Offering closed on April 2, 2025, under a shelf registration statement declared effective March 25, 2025.
- Morgan Stanley & Co. LLC acted as representative of the underwriters.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1397911/000119312525071380/0001193125-25-071380-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1397911/000119312525071380/d906863d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-071380

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