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HLAH - HLAH STOCK NEWS

Welcome to our dedicated page for HLAH news (Ticker: HLAH), a resource for investors and traders seeking the latest updates and insights on HLAH stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect HLAH's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of HLAH's position in the market.

Rhea-AI Summary

Hamilton Lane Alliance Holdings I, Inc. (Nasdaq: HLAHU) announced on March 4, 2021, that from March 5, 2021, units from its IPO can be traded separately as Class A common stock and redeemable warrants. The units initially sold in the IPO totaled 27,600,000. Those wishing to separate their units need to contact the Company’s transfer agent. The company aims to identify attractive business combinations for long-term shareholder returns, avoiding highly cyclical sectors. The offering was managed by J.P. Morgan and Morgan Stanley.

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Rhea-AI Summary

Hamilton Lane Alliance Holdings I closed its upsized IPO on January 15, 2021, raising $276 million. This offering included the underwriters' full exercise of their overallotment option, totaling 27,600,000 units. Each unit comprises one Class A common stock share and one-third of a redeemable warrant, priced at $11.50 per share. The units began trading on Nasdaq under the symbol HLAHU, with separate trading expected for the common stock under HLAH and warrants under HLAHW.

The company plans to seek business combinations that offer long-term returns, focusing on avoiding highly cyclical sectors.

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Hamilton Lane Alliance Holdings I, Inc. has announced the pricing of its upsized initial public offering of 24,000,000 units at $10.00 per unit, set to trade on Nasdaq under the ticker symbol HLAHU starting January 13, 2021. Each unit includes one share of Class A common stock and one-third of a redeemable warrant, allowing the purchase of additional shares at $11.50 each. The offering, expected to close on January 15, 2021, includes a 45-day over-allotment option for underwriters to purchase an additional 3,600,000 units. J.P. Morgan and Morgan Stanley are the joint book-running managers.

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FAQ

What is the market cap of HLAH (HLAH)?

The market cap of HLAH (HLAH) is approximately 327.3M.

HLAH

Nasdaq:HLAH

HLAH Rankings

HLAH Stock Data

327.30M
27.51M
86.97%
0.02%
Shell Companies
Financial Services
Link
United States
West Conshohocken