secwatch.observer — SEC 8-K summary
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Issuer:     Hudson Pacific Properties, Inc. (HPP)
CIK:        0001482512
Form:       8-K
Filed at:   2025-06-13T23:59:59+00:00
Accession:  0001193125-25-140854
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 1.01, 3.02, 3.03, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hudson Pacific closes $662M stock & warrant offering; CEO/CFO forfeit $14.3M in awards
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- Offering: 237.6M shares at $2.14/share and 71.9M pre-funded warrants at $2.13/warrant, gross proceeds ~$662M; closed June 13, 2025.
- Charter amended to increase authorized common shares from 481.6M to 722.4M; no change to preferred shares.
- CEO Victor Coleman, President Mark Lammas, CFO Harout Diramerian forfeit 2024 performance unit awards, saving $14.3M total ($4.9M in 2025).
- Registration Rights Agreement filed requiring resale registration statement within 20 business days of June 13, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1482512/000119312525140854/0001193125-25-140854-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1482512/000119312525140854/d222571d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-140854

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