Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.9
Heritage Global Inc. completed an acquisition involving The Debt Exchange, Inc. for $8,450,000 in cash (closed 2026-01-09).
- Action
- acquisition
- Counterparty
- The Debt Exchange, Inc.
- Consideration
- $8,450,000 in cash
- Closing
- 2026-01-09
Exact text from the filing
execution support for banks, specialty-finance companies, government agencies, and institutional investors (the “Transaction”). HG paid DebtX an aggregate purchase price of $8,450,000 in cash. The source of funds used for the purchase price was cash on hand. The Transaction closed on January 9, 2026. Other than in respect of the Transaction, there are no
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Heritage Global Inc. entered into Asset Purchase Agreement with The Debt Exchange, Inc. valued at $8,450,000 (effective 2026-01-09).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- The Debt Exchange, Inc.
- Value
- $8,450,000
- Effective
- 2026-01-09
Exact text from the filing
On January 9, 2026, Heritage DebtX LLC (“Heritage DebtX LLC”), a Delaware limited liability company and wholly owned subsidiary of Heritage Global Inc., a Florida corporation (“HG” or the “Company”) entered into an Asset Purchase Agreement (the “Purchase Agreement”) with The Debt Exchange, Inc., a Delaware corporation (“DebtX”)
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