---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-018808"
form_type: "8-K"
ticker: "HGBL"
cik: "0000849145"
company_name: "Heritage Global Inc."
filed_at: "2025-02-12T23:59:59+00:00"
generated_at: "2026-05-26T23:10:02.352760+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Heritage Global subsidiary obtains $4.1M mortgage to buy corporate headquarters property

## Summary
- Heritage Nancy Ridge, subsidiary of Heritage Global, entered $4.1M term loan with C3bank, maturing Feb 2035.
- Interest fixed at 6.500% for first 3 years, then variable based on 1M Term SOFR + 2.250%.
- Prepayment fees: 3% in year 1, 2% in year 2, 1% in year 3 of amount prepaid.
- Loan proceeds to purchase 6130 Nancy Ridge Drive property for future corporate HQ and warehouse/office.
- Heritage Global Inc. is guarantor; loan secured by the property.

## SEC filing metadata
- accession: 0000950170-25-018808
- form_type: 8-K
- ticker: HGBL
- cik: 0000849145
- company_name: Heritage Global Inc.
- filed_at: 2025-02-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/849145/000095017025018808/0000950170-25-018808-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/849145/000095017025018808/hgbl-20250206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-018808
- JSON: https://secwatch.observer/filing/0000950170-25-018808.json
- Plain text: https://secwatch.observer/filing/0000950170-25-018808.txt

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