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LOS ANGELES & NEW YORK–(BUSINESS WIRE)–Houlihan Lokey, Inc. (NYSE: HLI) (“Houlihan Lokey” or the “Company”),
the global investment bank, today announced an underwritten public
offering of 3,000,000 shares of Class A common stock of the Company by
ORIX HLHZ Holding LLC (“ORIX”). The Company will not receive any of the
proceeds from the sale of the shares of Class A common stock by ORIX in
the offering.

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 related prospectus supplement,
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 [email protected].

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.

About Houlihan Lokey

Houlihan Lokey (NYSE:HLI) is a global investment bank with expertise in
mergers and acquisitions, capital markets, financial restructuring and
valuation. The firm serves corporations, institutions, and governments
worldwide with offices in the United States, Europe, the Middle East,
and the Asia-Pacific region. Independent advice and intellectual rigor
are hallmarks of the firm’s commitment to client success across its
advisory services. Houlihan Lokey is ranked as the No. 1 M&A advisor for
all U.S. transactions, the No. 1 global restructuring advisor, and the
No. 1 global M&A fairness opinion advisor over the past 20 years,
according to Thomson Reuters.

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 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 SEC. 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.

Contacts

Houlihan Lokey
Investor Relations, 212-331-8225
[email protected]
or
Media
Relations, 212-331-8223
[email protected]