HLI: Other company developments

Item 8.01. Other Events. On August 13, 2026, Houlihan Lokey, Inc. (the “Company”) filed with the Securities and Exchange Commission a prospectus supplement pursuant to Rule 424(b) under the Securities Act of 1933, as amended, relating to the potential resale from time to time of (i) some or all of 255,422 shares of the Company’s Class A common stock issuable upon conversion of a like number of shares of the Company’s Class B common stock by the former members of Waller Helms Advisors LLC, an Illinois limited liability company, that the Company acquired in December 2024 (the “Waller Helms Acquisition”), or their pledgees, donees, transferees or other successors in interest (the “Waller Helms Sellers”), consisting of 255,422 shares of Class A common stock issuable upon the conversion of a like number of shares of the Company’s Class B common stock that were issued in December 2024 upon the closing of the Waller Helms Acquisition and on January 20, 2026 upon the attainment of certain post-closing performance targets, and (ii) some or all of 109,656 shares of the Company’s Class A common stock issuable upon conversion of a like number of shares of the Company’s Class B common stock by the former members (the “7MA Sellers”) of 7 Mile Advisors, LLC, a North Carolina limited liability company, that the Company acquired in December 2023 (the “7MA Acquisition”), or their pledgees, donees, transferees or other successors in interest, consisting of (a) 82,353 shares of Class A common stock issuable upon the conversion of a like number of shares of the Company’s Class B common stock that were issued on December 11, 2023 upon the closing of the 7MA Acquisition and on January 27, 2026 upon the attainment of additional post-closing performance targets and (b) 27,303 shares of Class A