secwatch.observer — SEC 8-K summary
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Issuer:     Hamilton Lane INC (HLNE)
CIK:        0001433642
Form:       8-K
Filed at:   2024-03-07T23:59:59+00:00
Accession:  0001433642-24-000022
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hamilton Lane closes $201.7M net proceeds from 1.87M share public offering at $108/share
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- Company issued 1,867,322 shares; selling stockholder sold 55,000 shares; total 1,922,322 shares at $108.00 per share.
- Company net proceeds of $201.7 million; selling stockholder net proceeds of $5.9 million.
- Proceeds to be used to settle cash exchanges of membership units in Hamilton Lane Advisors, L.L.C.
- Underwriting agreement with Morgan Stanley includes customary lock-up for 60 days after March 4, 2024.
- Offering closed on March 7, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1433642/000143364224000022/0001433642-24-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1433642/000143364224000022/hlne-20240304.htm
  HTML page:      https://secwatch.observer/filing/0001433642-24-000022

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