secwatch.observer — SEC 8-K summary
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Issuer:     Hamilton Lane INC (HLNE)
CIK:        0001433642
Form:       8-K
Filed at:   2023-03-09T23:59:59+00:00
Accession:  0001433642-23-000016
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hamilton Lane prices registered public offering of 671,737 shares at $76.41, net proceeds $43.7M
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- Company sold 571,737 shares of Class A common stock; selling stockholder sold 100,000 shares.
- Net proceeds to company of $43.7M; to selling stockholder of $7.6M from the offering.
- Proceeds to be used to settle cash exchanges of membership units in Hamilton Lane Advisors.
- 75-day lock-up on additional share sales without written consent of BofA Securities.
- Offering closed on March 9, 2023; underwriter is BofA Securities, Inc.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1433642/000143364223000016/0001433642-23-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1433642/000143364223000016/hlne-20230306.htm
  HTML page:      https://secwatch.observer/filing/0001433642-23-000016

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