HG Holdings reduces authorized shares from 36M to 8M, approved by stockholders

HG Holdings, Inc.

Authorized shares cut to 8M: 7M common ($0.02 par) and 1M preferred ($0.01 par), from prior 35M common and 1M preferred.
Amendment effective September 2, 2025; approved by board July 25, 2025 and via written consent of 74.74% of outstanding common stock.
No impact on issued shares; only authorized but unissued shares reduced.

item 5.03item 5.07item 9.01

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