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Hamilton Lane Alliance Holdings I, Inc. (HLAHU) Prices Upsized $240M IPO

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ipo

Hamilton Lane Alliance Holdings I, Inc. announced the pricing of its $240 million IPO this evening and its units are expected to begin trading on the Nasdaq under the symbol “HLAHU” Wednesday, January 13.

The new company aims to combine with a market-leading business that has a sustainable competitive advantages and a commitment to ESG issues. Hamilton Lane is led by Chairman Hartley R. Rogers, CEO Andrea Kramer and CFO Atul Varma alongside Adam B. Shane.

Total SPAC deal count for 2021 year-to-date is now 36 with $9.4 billion in gross proceeds raised. This offering is expected to close on Friday, January 15.


J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are acting as the joint book-running managers for the offering. Ropes & Gray LLP is serving as Issuer’s Counsel with Davis Polk & Wardwell LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.

Source: https://spacinsider.com/2021/01/12/hamilton-lane-alliance-holdings-i-prices-240m-ipo/

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