secwatch.observer — SEC 8-K summary
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Issuer:     HG Holdings, Inc. (STLY)
CIK:        0000797465
Form:       8-K/A
Filed at:   2021-10-05T23:59:59+00:00
Accession:  0001437749-21-023313
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HG Holdings provides NCTIC financials: 2020 net income $30.6K, premiums $1.5M
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- NCTIC 2020 net income $30,555, revenue $1.7M; 2019 net loss $67,303 on $1.0M revenue.
- As of June 30, 2021, unaudited total assets $4.9M, equity $4.5M, cash $4.8M.
- Acquisition closed July 20, 2021; includes 100% of NCTIC and 50% Omega National Title Agency.
- Pro forma combined financials filed; NCTIC is a Florida-only title insurer licensed in 2017.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/797465/000143774921023313/0001437749-21-023313-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/797465/000143774921023313/stly20210930_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-023313

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer