secwatch.observer — SEC 8-K summary
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Issuer:     Heritage Global Inc. (HGBL)
CIK:        0000849145
Form:       8-K
Filed at:   2022-08-26T23:59:59+00:00
Accession:  0000950170-22-017816
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/849145/000095017022017816/0000950170-22-017816-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/849145/000095017022017816/hgbl-20220823.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-017816

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