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FOR IMMEDIATE RELEASE July 26, 2005 |
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HENNESSY ADVISORS, INC. FILES FOR PUBLIC OFFERING OF COMMON STOCK Novato, CA - July 25, 2005 - Hennessy Advisors, Inc. announced today that it has filed a registration statement with the Securities and Exchange Commission for a public offering of common stock of the company. The proposed offering relates to shares to be sold by the company and by selling stockholders. The company is applying to list its common stock on the NASDAQ National Market under the symbol HNNA. A.G. Edwards & Sons, Inc. will act as lead manager of the offering. The public offering will be made only by means of a prospectus that, when available, may be obtained by contacting A.G. Edwards & Sons, Inc., by mail at One North Jefferson, St. Louis, MO 63103, or by telephone at (314) 955-3000. Hennessy Advisors, Inc. is a publicly traded investment management firm whose principal business activity is managing, servicing and marketing its six open-end mutual funds. All of its funds are no-load and are managed using time-tested, quantitative stock selection formulas. Headquartered in Novato, CA, Hennessy Advisors, Inc. manages approximately $1.7 billion in mutual fund assets.
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