{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-028211","form_type":"8-K","ticker":"STLY","cik":"0000797465","company_name":"HG Holdings, Inc.","filed_at":"2025-09-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.397690+00:00","generated_at":"2026-05-17T08:41:41.134731+00:00","sec_items":["5.03","5.07","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"HG Holdings reduces authorized shares from 36M to 8M, approved by stockholders","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-028211","json":"https://secwatch.observer/filing/0001437749-25-028211.json","markdown":"https://secwatch.observer/filing/0001437749-25-028211.md","text":"https://secwatch.observer/filing/0001437749-25-028211.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/797465/000143774925028211/0001437749-25-028211-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/797465/000143774925028211/stly20250819_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T08:41:41.134731+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8603ed1529263f535ea41fdabbb942a658fe9c97","claim":"HG Holdings, Inc.: Amended Certificate of Incorporation to reduce authorized shares from 36,000,000 to 8,000,000, divided into 7,000,000 common and 1,000,000 preferred shares (effective 2025-09-02).","evidence_excerpt":"Effective September 2, 2025, HG Holdings, Inc. (the “Company”) amended its Restated Certificate of Incorporation (as amended, the “Certificate of Incorporation”) to reduce the number of authorized shares to 8,000,000 shares which are divided into two classes as follows: (a) 7,000,000 shares of common stock, $0.02 par value per share (“Common Stock”); and (b) 1,000,000 shares of Blank Check Preferred Stock, $0.01 par value per share (the “Amendment”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/797465/000143774925028211/0001437749-25-028211-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2025-09-02"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}