---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-21-045558"
form_type: "8-K"
ticker: "HGBL"
cik: "0000849145"
company_name: "Heritage Global Inc."
filed_at: "2021-08-24T23:59:59+00:00"
generated_at: "2026-06-29T08:16:07.325474+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Heritage Global acquires American Laboratory Trading for $4.3M; adds $1.3M property

## Summary
- Total consideration of $4.3M: $2.3M cash plus $2M subordinated promissory note at 3% due 2025.
- Real property at 12 Colton Road, East Lyme, CT acquired separately for $1.3M.
- ALT is a leading reseller of refurbished lab equipment with over 6,000 instruments in stock.
- ALT President Jayson Bernstein remains in leadership; operations stay in East Lyme.
- CEO Ross Dove says bolt-on acquisition strengthens biotech service offering and should have immediate bottom-line impact.

## SEC filing metadata
- accession: 0001564590-21-045558
- form_type: 8-K
- ticker: HGBL
- cik: 0000849145
- company_name: Heritage Global Inc.
- filed_at: 2021-08-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/849145/000156459021045558/0001564590-21-045558-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/849145/000156459021045558/hgbl-8k_20210818.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-21-045558
- JSON: https://secwatch.observer/filing/0001564590-21-045558.json
- Plain text: https://secwatch.observer/filing/0001564590-21-045558.txt

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