LOS ANGELES & NEW YORK—(BUSINESS WIRE)—Houlihan Lokey, Inc. (NYSE:HLI) (“Houlihan Lokey” or the “Company”), the global investment bank, today announced the pricing of an underwritten public offering of 3,000,000 shares of its Class A common stock at a
public offering price of $63.50 per share. The offering is expected to close on May 20, 2020, subject to customary closing conditions.
The Company intends to use the net proceeds from the offering for general corporate purposes, which may include funding potential future acquisitions.
Goldman Sachs & Co. LLC is acting as the sole underwriter for the offering.
The offering is being made pursuant to an effective shelf registration statement, including a prospectus and the documents incorporated by reference therein, each filed by the Company with the Securities and Exchange Commission (“SEC”). These documents
may be obtained for free by visiting the SEC’s website at http://www.sec.gov or by contacting: Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing
Prospectus-ny@ny.email.gs.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful
prior to registration or qualification under the securities laws of such state or other jurisdiction.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. You can identify these statements by our use of the words “assumes,” “believes,” “estimates,” “expects,” “guidance,” “intends,” “plans,” “projects,”
and similar expressions that do not relate to historical matters. You should exercise caution in interpreting and relying on forward-looking statements because they involve known and unknown risks, uncertainties, and other factors (including the significant
effect that the COVID-19 pandemic has had on our business and is expected to continue to have on our business) which are, in some cases, beyond the Company’s control and could materially affect actual results, performance, or achievements. For a further
description of such factors, you should read the Company’s filings with the Securities and Exchange Commission. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified,
you should not rely on these forward-looking statements as predictions of future events. The events and circumstances reflected in our forward-looking statements may not be achieved or occur and actual results could differ materially from those projected
in the forward-looking statements. The Company does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.