secwatch.observer — SEC 8-K summary
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Issuer:     HENNESSY ADVISORS INC (HNNA)
CIK:        0001145255
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001437749-23-031617
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hennessy Advisors closes first CCM fund asset acquisition; second pending shareholder vote
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- Acquired assets of CCM Small/Mid-Cap Impact Value Fund; fund reorganized into Hennessy Stance ESG ETF.
- CCM Core Impact Equity Fund shareholder meeting adjourned to Nov 21, 2023 for vote on asset sale.
- If approved, reorganization of the Core Impact Equity Fund into Hennessy Stance ESG ETF expected Q1 2024.
- Deal originally announced April 26, 2023 via Transaction Agreement; no financial terms disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1145255/000143774923031617/0001437749-23-031617-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1145255/000143774923031617/hnna20231110_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-031617

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer