Heritage Global modifies $10M revolving credit facility covenants with C3bank

Heritage Global Inc.

Modification effective April 1, 2022; agreement signed August 23, 2022.
Revolving line of credit maximum remains $10.0 million.
Financial covenants reorganized: one set for resizing credit limit (lender discretion), another to be maintained during loan term.
Original loan agreement from May 2021 unchanged in principal amount.

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