---
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"
generated_at: "2026-05-17T08:41:41.134731+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.03, 5.07, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-028211
- JSON: https://secwatch.observer/filing/0001437749-25-028211.json
- Plain text: https://secwatch.observer/filing/0001437749-25-028211.txt

## Key facts
- Governance Changes
  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).
  - Change: charter amendment
  - Effective: 2025-09-02
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/797465/000143774925028211/0001437749-25-028211-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.