M&A - Hudson Pacific Properties, Inc.

Form Type: 8-K

Filing Date: 2025-06-13

Corporate Action: Acquisition

Type: New

Accession Number: 000119312525140854

Filing Summary: On June 13, 2025, Hudson Pacific Properties, Inc. executed a first amendment to the Fifth Amended and Restated Agreement of Limited Partnership, creating a series of partnership equivalent units (OP Warrants) which align with pre-funded warrants issued in their recent public offering. This agreement was part of a larger transaction where the company completed an underwritten public offering of common stock and pre-funded warrants, involving the issuance of 237,553,442 OP Units and 71,863,597 OP Warrants. Additionally, a registration rights agreement was established for the holders of the pre-funded warrants, which grants them certain resale registration rights. Furthermore, on June 12, 2025, the company filed amendments to increase the number of authorized common stock shares from 481,600,000 to 722,400,000, maintaining the same number of preferred stock shares. The offering closes on June 13, 2025, further consolidating the company's financial strategy and capital raising efforts for expansion.