HMH Holding Launches IPO of 10.52M Shares

HMH Holding Inc. has launched an initial public offering of 10,520,000 shares of its Class A common stock. Underwriters have a 30-day option to purchase up to an additional 1,578,000 shares.

The IPO price is expected to be between $19.00 and $22.00 per share. HMH applied to list the shares on the Nasdaq Global Select Market under the ticker symbol HMH, and the offering will be made only by means of a prospectus. J.P. Morgan, Piper Sandler, and Evercore ISI are joint lead book-running managers, with Citigroup and DNB Carnegie as joint book-running managers and additional co-managers including Stifel, Nordea, and Pickering Energy Partners.