Hamilton Lane Announces Public Offering of Class A Common Stock globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.
Operator
Ladies and gentlemen, thank you for standing by and welcome to today s Hamilton Lane Incorporated Third Quarter Fiscal Year 2021 Earnings Conference Call. At this time all participant lines are in a listen-only mode. [Operator Instructions]
I would now like to hand the conference over to your host, John Oh, Investor Relations Manager. Thank you. Please go ahead, sir.
John Oh
Vice President Investor Relations
Thank you, Katrina. Good morning and welcome to the Hamilton Lane Q3 fiscal 2021 earnings call. Today I will be joined by Erik Hirsch Vice Chairman; Andrea Kramer, CEO of Hamilton Lane Alliance Holdings One; and Atul Varma, CFO.
Home / Top News / Hamilton Lane Alliance Holdings I, Inc. Announces Closing of Initial Public Offering and Full Exercise of Overallotment Option
Hamilton Lane Alliance Holdings I, Inc. Announces Closing of Initial Public Offering and Full Exercise of Overallotment Option
BALA CYNWYD, Pa., Jan. 15, 2021 (GLOBE NEWSWIRE) Hamilton Lane Alliance Holdings I, Inc. (the “Company”) today announced the closing of its upsized initial public offering of 27,600,000 units, which includes the exercise in full by the underwriters of their overallotment option to purchase up to an additional 3,600,000 units. Total gross proceeds from the offering were $276 million before deducting underwriting discounts and commissions and other offering expenses payable by the Company. The units began trading on Nasdaq on January 13, 2021 under the ticker symbol “HLAHU.” Each unit consists of one share of the Company’s Class A common stock and one-third of one redeemable warrant. Each whole warrant en