Hamilton Lane sells 950,751 shares at $84.15; net proceeds $73.8M for company

Hamilton Lane INC

Company sold 877,400 shares; selling stockholders sold 73,351 shares in the offering.
Net proceeds to company: $73.8M; net proceeds to selling stockholders: $6.2M.
Proceeds to settle cash exchanges of membership units in Hamilton Lane Advisors.
Lock-up restricts additional share sales for 75 days without underwriter consent.
Morgan Stanley & Co. LLC acted as sole underwriter for the offering.

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