Company: HPP
Filing Date: 2025-06-13
Form Type: 424B5
Source: 0001193125-25-140284
Chunk: 0

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-06-13
Form: 424B5
Chunk 0
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Filed Pursuant to Rule 424(b)(5)
Registration No. 333-278965 PROSPECTUS SUPPLEMENT (To Prospectus dated April 2, 2025) $600,000,000 197,194,698 Shares of Common Stock Pre-FundedWarrants to Purchase 71,863,597 Shares of Common Stock We are offering 197,194,698 shares of our common stock, $0.01 par value per share, or common stock, and to certain investors, pre-fundedwarrants to purchase 71,863,597 shares of our common stock, or Pre-FundedWarrants, pursuant to this prospectus supplement and the accompanying prospectus. Each Pre-FundedWarrant will be exercisable for one share of our common stock, subject to a 19.9% ownership limitation. As a result of the 19.9% ownership limitation, a holder of Pre-FundedWarrants will not be entitled to exercise any Pre-FundedWarrants if such exercise would permit the holder to exercise more than 19.9% of the voting power of our outstanding common stock. This prospectus supplement also relates to the offering of the shares of common stock issuable upon the exercise of such Pre-FundedWarrants. The purchase price of each Pre-FundedWarrant is $2.22, which is equal to the price per share at which shares of our common stock are sold in this offering, minus $0.01, the exercise price per share of each Pre-FundedWarrant. Each Pre-FundedWarrant will be exercisable upon issuance and will expire when exercised in full. We are organized and conduct our operations to qualify as a real estate investment trust, or REIT, for federal income tax purposes. To assist us in complying with certain federal income tax requirements applicable to REITs, our charter contains certain restrictions relating to the ownership and transfer of our common stock, including an ownership limit of 9.8% (in value or in number of shares, whichever is more restrictive) of the outstanding shares of our common stock. Our board of directors may, in its sole and absolute discretion, waive one or more of the ownership limits with respect to a particular person under certain circumstances. See “Restrictions on Ownership and Transfer” in the accompanying prospectus. Our common stock is listed on the New York Stock Exchange, or the NYSE, under the symbol “HPP.” The last reported sale price of our common stock on the NYSE on June 10