secwatch.observer — SEC 8-K summary
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Issuer:     Heritage Global Inc. (HGBL)
CIK:        0000849145
Form:       8-K
Filed at:   2026-09-22T20:00:03+00:00
Accession:  0001193125-26-397864
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Heritage Global secures $10M revolving credit facility with C3bank, maturing Jan 2028
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- New $10.0M revolving line of credit from C3bank, National Association, entered Sept 16, 2026.
- Interest rate is prime plus 1.00% with a 7.500% per annum floor; maturity Jan 16, 2028.
- Facility secured by assets and equity pledges of subsidiaries; includes unused line fee payable quarterly.
- Proceeds restricted to business operations; customary affirmative and negative covenants apply.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/849145/000119312526397864/0001193125-26-397864-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/849145/000119312526397864/hgbl-20260921.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-397864

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