 BALA CYNWYD, Pa., Jan. 15, 2021 GLOBE NEWSWIRE -- Hamilton Lane Alliance Holdings I, Inc. the Company today announced the closing of its upsized initial public offering of 27,600,000 units, which includes the exercise in full by the underwriters of their overallotment option to purchase up to an additional 3,600,000 units. Total gross proceeds from the offering were 276 million before deducting underwriting discounts and commissions and other offering expenses payable by the Company. The units began trading on Nasdaq on January 13, 2021 under the ticker symbol HLAHU. Each unit consists of one share of the Companys Class A common stock and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of 11.50 per share. Once the securities comprising the units begin separate trading, the Company expects that its Class A common stock and warrants will be listed on Nasdaq under the symbols HLAH and HLAHW, respectively. 