Houlihan Lokey Announces Pricing of Secondary Offering of Class A Common Stock by Selling Stockholders
Los Angeles and New York, October 26, 2017 – Houlihan Lokey, Inc. (NYSE: HLI) (“Houlihan Lokey” or the “Company”), the global investment bank, today announced the pricing of an underwritten public offering of 3,500,000 shares of its Class A common stock, consisting of 1,750,000 shares offered by an affiliate of ORIX USA Corporation (“ORIX”) and 1,750,000 shares offered by certain of the Company’s employees and members of management (collectively, the “Selling Stockholders”) at a public offering price of $42.00 per share.