Company: HPP
Filing Date: 2025-06-13
Form Type: 8-K
Source: 0001193125-25-140854
Chunk: 0

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-06-13
Form: 8-K
Item: Item 1.01
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Item 1.01      Entry into a Material Definitive Agreement.  

On June 13, 2025, Hudson Pacific Properties, Inc. (the “ Company”), as general partner of Hudson Pacific Properties, L. P., its operating partnership subsidiary (the “ Operating Partnership”), executed a first amendment (the “ First Amendment”) to the Fifth Amended and Restated Agreement of Limited Partnership (as amended, the “ Partnership Agreement”), in connection with its completion of the underwritten public offering of common stock, $0.01 par value per share (the “ Common Stock”), and

pre-funded

warrants to purchase Common Stock (the

“ Pre-Funded

Warrants”) described below. The First Amendment, among other things, creates a series of partnership equivalent units, designated as

pre-funded

warrants (the “ OP Warrants”) that mirrors the rights of the

Pre-Funded

Warrants described in more detail below. This description of the material terms of First Amendment is qualified in its entirety by reference to the First Amendment, which is filed as Exhibit 3.2 to this Current Report on Form

8-K

and is hereby incorporated by reference into this Item 1.01.

In addition, on June 13, 2025, the Company entered into a registration rights agreement (the “ Registration Rights Agreement”) with the holders of

Pre-Funded

Warrants, pursuant to which the Company has granted them with certain resale registration rights with respect to shares of Common Stock that such holders may receive in the offering described below or upon the exercise of

Pre-Funded

Warrants. The Registration Rights Agreement provides that the Company will file a resale registration statement with the Securities and Exchange Commission no later than 20 business days after June 13, 2025. The Registration Rights Agreement also provides that the Company will pay certain expenses relating to such registrations and indemnify the registration rights holders against certain liabilities which may arise under the Securities Act of 1933, as amended (the “ Securities Act”). This description of the material terms of Registration Rights Agreement is qualified in its entirety by reference to the Registration Rights Agreement, which is filed as Exhibit 10.1 to this Current Report on Form

8-K

and is hereby incorporated by reference into this Item 1.01.