Form 8-K - Current report
2023年12月21日 - 6:03AM
Edgar (US Regulatory)
false 0001302215 0001302215 2023-12-20 2023-12-20
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): December 20, 2023
Houlihan Lokey, Inc.
(Exact Name of Registrant as Specified in Charter)
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Delaware |
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001-37537 |
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95-2770395 |
(State or Other Jurisdiction of Incorporation) |
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(Commission File Number) |
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(IRS Employer Identification No.) |
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10250 Constellation Blvd., 5th Floor, Los Angeles, California 90067 |
(Address of Principal Executive Offices) (Zip Code) |
310-788-5200
Registrant’s telephone number, including area code
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Title of Each Class |
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Trading Symbol(s) |
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Name of each exchange on which registered |
Class A Common Stock, par value $0.001 |
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HLI |
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New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
On December 20, 2023, Houlihan Lokey, Inc. (the “Company”) filed with the Securities and Exchange Commission a prospectus supplement pursuant to Rule 424(b) under the Securities Act of 1933, as amended, relating to the possible resale of up to 174,335 shares of the Company’s Class A common stock, $0.001 par value per share (the “Class A common stock”), by the former members (the “7MA Sellers”) of 7 Mile Advisors, LLC, a North Carolina limited liability company, that the Company acquired on December 11, 2023 (the “7MA Acquisition”), or their pledgees, donees, transferees, or other successors in interest. The 174,335 shares of Class A common stock consist of (i) 165,834 shares of the Company’s Class A common stock issuable upon conversion of a like number of shares of the Company’s Class B common stock, $0.001 par value per share (the “Class B common stock”), issued to the 7MA Sellers upon the closing of the acquisition and (ii) up to 8,501 shares of the Company’s Class A common stock issuable upon conversion of a like number of shares of its Class B common stock issuable to the 7MA Sellers upon the attainment of certain post-closing performance targets. The Company is filing as Exhibit 5.1 to this Current Report on Form 8-K an opinion of its counsel, Latham & Watkins LLP, regarding certain Delaware law issues concerning the shares of Class A common stock that may be offered and sold pursuant to the prospectus supplement and the accompanying prospectus.
This Current Report shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
Item 9.01. |
Financial Statements and Exhibits. |
(d) Exhibits
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Date: December 20, 2023 |
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Houlihan Lokey, Inc. |
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By: |
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/s/ J. Lindsey Alley |
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Name: |
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J. Lindsey Alley |
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Position: |
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Chief Financial Officer |
Exhibit 5.1
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10250 Constellation Blvd., Suite 1100 |
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Los Angeles, California 90067 |
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Tel: +1.424.653.5500 Fax: +1.424.653.5501 |
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www.lw.com |
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FIRM / AFFILIATE OFFICES |
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Austin |
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Milan |
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Beijing |
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Munich |
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Boston |
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New York |
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Brussels |
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Orange County |
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Century City |
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Paris |
December 20, 2023 |
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Chicago |
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Riyadh |
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Dubai |
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San Diego |
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Düsseldorf |
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San Francisco |
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Frankfurt |
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Seoul |
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Hamburg |
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Silicon Valley |
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Hong Kong |
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Singapore |
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Houston |
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Tel Aviv |
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London |
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Tokyo |
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Los Angeles |
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Washington, D.C. |
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Madrid |
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Houlihan Lokey, Inc.
5th Floor
10250 Constellation Boulevard
Los Angeles, California 90067
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Re: |
Registration Statement on Form S-3 (No. 333-273952); 174,335 shares of Class A Common Stock, par value $0.001 per share. |
To the addressees set forth above:
We have acted as special
counsel to Houlihan Lokey, Inc., a Delaware corporation (the Company), in connection with the offering of 174,335 shares (the Shares) of the
Companys Class A common stock, par value $0.001 per share (Class A Common Stock) issuable upon conversion of an equal number of shares of the Companys Class B Common
Stock, par value $0.01 per share (the Class B Common Stock), to be sold by certain selling stockholders as described in the Prospectus (as defined below). The offering and sale of the Shares
is covered by the above-referenced Registration Statement (the Registration Statement), filed by the Company with the Securities and Exchange Commission (the Commission), under the Securities Act
of 1933, as amended (the Act), a base prospectus dated August 11, 2023 included in the Registration Statement at the time it originally became effective (the Base Prospectus) and a prospectus
supplement dated December 20, 2023 filed with the Commission pursuant to Rule 424(b) under the Act (together with the Base Prospectus, the Prospectus). This opinion is being furnished in connection with the
requirements of Item 601(b)(5) of Regulation S-K under the Act, and no opinion is expressed herein as to any matter pertaining to the contents of the Registration Statement or the Prospectus, other than as
expressly stated herein with respect to the sale of the Shares.
As such counsel, we have examined such matters of fact and questions of law as we have
considered appropriate for purposes of this letter. With your consent, we have relied upon certificates and other assurances of officers of the Company and others as to factual matters without having independently verified such factual matters. We
are opining herein as to the General Corporation Law of the State of Delaware, and we express no opinion with respect to the applicability thereto, or the effect thereon, of the laws of any other jurisdiction or, in the case of Delaware, any other
laws, or as to any matters of municipal law or the laws of any local agencies within any state.
December 20, 2023
Page 2
Subject to the foregoing and the other matters set forth herein, it is our opinion that, as of the date hereof, the Shares
have been duly authorized by all necessary corporate action of the Company and, upon the conversion of the Class B Common Stock into Class A Common Stock in accordance with the Companys Second Amended and Restated Certificate of
Incorporation dated September 21, 2023, the Shares will be validly issued, fully paid and nonassessable. In rendering the foregoing opinion, we have assumed that the Company will comply with all applicable notice requirements regarding
uncertificated shares provided in the General Corporation Law of the State of Delaware.
This opinion is for your benefit in connection with the
Registration Statement and may be relied upon by you and by persons entitled to rely upon it pursuant to the applicable provisions of the Act. We consent to your filing this opinion as an exhibit to the Companys Current Report on Form 8-K dated December 20, 2023 and to the reference to our firm contained in the Prospectus under the heading Legal Matters. In giving such consent, we do not thereby admit that we are in the category
of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Commission thereunder.
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Very truly yours, |
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/s/ Latham & Watkins LLP |
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Houlihan Lokey (NYSE:HLI)
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から 5 2024 まで 6 2024
Houlihan Lokey (NYSE:HLI)
過去 株価チャート
から 6 2023 まで 6 2024