---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-017816"
form_type: "8-K"
ticker: "HGBL"
cik: "0000849145"
company_name: "Heritage Global Inc."
filed_at: "2022-08-26T23:59:59+00:00"
generated_at: "2026-06-23T21:11:49.566964+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-22-017816
- form_type: 8-K
- ticker: HGBL
- cik: 0000849145
- company_name: Heritage Global Inc.
- filed_at: 2022-08-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/849145/000095017022017816/0000950170-22-017816-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/849145/000095017022017816/hgbl-20220823.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-017816
- JSON: https://secwatch.observer/filing/0000950170-22-017816.json
- Plain text: https://secwatch.observer/filing/0000950170-22-017816.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.