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SECURITIES AND EXCHANGE COMMISSION
UNITED STATES
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) October 5, 2005
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HENNESSY ADVISORS, INC.
(Exact name of registrant as specified in its charter)
California 000-49872 68-0176227
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(State or other jurisdiction Commission (IRS Employer
of incorporation) File Number) Identification No.)
750 Grant Avenue, Suite 100 94945
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Novato, California
(Address of principal executive offices) (Zip Code)
Registrant's telephone number including area code: (415) 899-1555
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Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the
Securities Act (17 CFR 230 .425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange
Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
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Item 7.01 Regulation FD Disclosure
Hennessy Advisors, Inc. has elected to terminate its pending underwritten public
offering without selling any shares. The company would not have been able to
complete the offering without selling approximately half of the shares offered
to a single investor, who as a result would have owned nearly 19% of the
company's outstanding common stock, with no significant increase to the public
float.
The company estimates that the expenses of the offering will total approximately
$400,000.00 to $500,000.00 and on an after-tax basis will reduce net income for
the fiscal year ended September 30, 2005 by approximately $240,000.00 to
$300,000.00 or $0.10 to $0.12 per share.
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SIGNATURES
Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
HENNESSY ADVISORS, INC.
(registrant)
October 5, 2005 By: /s/ Neil J. Hennessy
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Neil J. Hennessy
President and CEO
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