HOUSTON, April 02, 2026 (GLOBE NEWSWIRE) -- HMH Holding Inc. ("HMH") (NASDAQ:HMH) today announced the closing of its initial public offering of 10,520,000 shares of its Class A common stock at $20.00 per share. The underwriters have a 30-day option to purchase up to an additional 1,578,000 shares of Class A common stock from HMH at the initial public offering price, less underwriting discounts and commissions. The shares of Class A 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 $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.

J.P. Morgan, Piper Sandler and Evercore ISI acted as joint lead book-running managers for the offering, and Citigroup and DNB Carnegie acted as joint book-running managers for the offering. Stifel, Nordea and Pickering Energy Partners acted as co-managers for the offering.

The offering was made only by means of a prospectus. ...