1
 
                                                Filed Pursuant to Rule 424(b)(3)
                                                              File No. 333-37789
                                                 Florida Panthers Holdings, Inc.
 
                     SUPPLEMENT NO. 4 DATED AUGUST 26, 1998
                      TO PROSPECTUS DATED DECEMBER 4, 1997
 
     As a result of certain transfers of Class A Common Stock by certain Selling
Stockholders, the table of Selling Stockholders in the Selling Stockholders
section of the Prospectus is hereby supplemented as follows:
 


                                                                                             NUMBER OF
                                                                                              SHARES
                                                                                           BENEFICIALLY
                                                                                            OWNED AFTER
                                                        NUMBER OF          NUMBER OF          SALE(1)
                                                   SHARES BENEFICIALLY   SHARES OFFERED   ---------------
SELLING STOCKHOLDERS                                    OWNED(1)             HEREBY       NUMBER       %
- --------------------                               -------------------   --------------   ------      ---
                                                                                          
Cynthia Melk and Jose Berges(2)..................        243,004(3)         243,004         0          0

 
- ---------------
 
(1) As used herein, beneficial ownership means the sole power to vote, or direct
    the voting of, a security, or the sole or shared power to dispose, or direct
    the disposition of, a security. Except as otherwise indicated, the Selling
    Stockholders have (i) sole voting power and investment power with respect to
    his shares of Class A Common Stock, except to the extent that authority is
    shared by his spouse under applicable law, and (ii) record and beneficial
    ownership with respect to his/her shares of Class A Common Stock.
(2) Held ownership interests in 2301 Ltd. and Rahn Ltd., directly or through
    predecessors, prior to the Company's acquisition of the ownership interests
    therein.
(3) These shares, which were previously held by Ms. Melk in her individual
    capacity, are now held by Ms. Melk and Mr. Berges as joint tenants with
    rights of survivorship.