8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

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 27, 2022

HENNESSY ADVISORS, INC.

(Exact name of registrant as specified in its charter)

Registrant’s telephone number including area code: (415) 899-1555

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:

Securities registered pursuant to Section 12(b) of the Act:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 7.01.Regulation FD Disclosure

On October 27, 2022, Hennessy Advisors, Inc. issued a press release announcing that it had declared a cash dividend of $0.1375 per share on its common stock. The cash dividend is payable on November 30, 2022, to shareholders of record at the close of business on November 15, 2022. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8‑K and is incorporated by reference herein.

Item 9.01.Financial Statements and Exhibits

The exhibit listed in the exhibit index below is furnished under Item 7.01 of this Current Report on Form 8-K.

EXHIBIT INDEX

SIGNATURES

Pursuant to the requirements of the Securities 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.

3

Exhibit 99.1

Hennessy Advisors, Inc. Announces Dividend

NOVATO, Calif., Oct. 27, 2022 /PRNewswire/ -- The Board of Directors of Hennessy Advisors, Inc. (NASDAQ: HNNA) today declared a quarterly dividend of $0.1375 per share to be paid on November 30, 2022, to shareholders of record as of November 15, 2022, which represents an annualized dividend yield of 6.25%.*

"We have paid our dividend without interruption for 18 consecutive years. Commitment to our dividend is one of our fundamental principles, and a hallmark of our financial stability," said Neil Hennessy, Chairman and CEO of Hennessy Advisors, Inc.

* Based on the closing stock price of $8.80 on October 26, 2022, and an annualized dividend of $0.55 per share.

About HennessyAdvisors, Inc.

  Hennessy Advisors, Inc. is a publicly traded investment manager offering
  a broad range of domestic equity, multi-asset, and sector and specialty
  mutual funds. Hennessy Advisors, Inc. is committed to providing superior
  service to shareholders and employing a consistent and disciplined approach
  to investing based on a buy-and-hold philosophy that rejects the idea of
  market timing.

Supplemental Information

Nothing in this press release shall be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase, or sale would be unlawful under the securities laws of such jurisdiction.

Forward-Looking Statements

  This press release contains "forward-looking statements" for which
  Hennessy Advisors, Inc. claims the protection of the safe harbor contained
  in the Private Securities Litigation Reform Act of 1995. Forward-looking
  statements relate to expectations and projections about future events based
  on currently available information. Forward-looking statements are not a
  guarantee of future performance or results and are not necessarily accurate
  indications of the times at which, or means by which, such performance or
  results may be achieved. Forward-looking statements are subject to risks,
  uncertainties, and assumptions, including those described in the sections
  entitled "Risk Factors" and elsewhere in the reports that Hennessy
  Advisors, Inc. files with the Securities and Exchange Commission. Unforeseen
  developments could cause actual performance or results to differ substantially
  from those expressed in, or suggested by, the forward-looking statements.
  Hennessy Advisors, Inc. management does not assume responsibility for the
  accuracy or completeness of the forward-looking statements and undertakes
  no responsibility to update any such statement after the date of this press
  release to conform to actual results or to changes in expectations.

CONTACT: Media Contacts: Teresa Nilsen, Hennessy Advisors, Inc., Terry@hennessyadvisors.com, 800-966-4354; Hibre Teklemariam, SunStar Strategic, HTeklemariam@sunstarstrategic.com, 703-894-1057