Latham Advises on HMH Holding Inc.’s US$210.4 Million IPO

HMH Holding Inc. (HMH) (NASDAQ: HMH) has announced the closing of its initial public offering of 10,520,000 shares of its Class A common stock at US$20 per share. HMH’s common stock began trading on the Nasdaq Global Select Market on April 1, 2026, under the ticker symbol HMH. HMH received net proceeds from the offering of approximately US$193.8 million, after deducting underwriting discounts and commissions and estimated offering expenses, and excluding any exercise of the underwriters’ option to purchase additional shares.

Latham & Watkins LLP represented the underwriters in the offering with a Capital Markets team led by Houston partners Ryan Maierson and Nick Dhesi, with associates Ziyad Barghouthy, Mary Kline, Logan McDowell, and Luisa Yokubaitis. Advice was also provided on tax matters by Houston partner Bryant Lee, with associate Molly Elkins; on benefits matters by Washington, D.C. partner Adam Kestenbaum, with associate Christina Schrantz; on US environmental matters by Los Angeles/Houston partner Joshua Marnitz, with associates Jacqueline Zhang and Phil Goldberg; on EU environmental matters by partner Michael Green, with associate James Bee; on intellectual property matters by New York partner Steven Betensky, with associate Sebastian Moss; on regulatory matters by London partner Nicola Higgs, with associate Jaime Martin; on compliance matters by Washington, D.C. counsel Ruchi Gill; on trade matters by Washington, D.C. partner Jamie Underwood; and on data privacy and cybersecurity matters by Houston partner Robert Brown, with associate Brianna Gordon.