Justin H. Edenfield
On May 31, 2024, Justin H. Edenfield resigned as Principal Financial and Accounting Officer; Secretary of HG Holdings, Inc. (the “Company”).
Highest-materiality recent filing
Repurchased 402,322 shares from Solas entities for $3.14M ($7.80/sh), reducing Solas ownership from 41.4% to 14.4%.
HG Holdings CFO Justin Edenfield resigns; Anna Lieb appointed CFO and Secretary
Justin Edenfield resigned as Principal Financial and Accounting Officer and Secretary effective May 31, 2024; will serve as consultant for $12,000/month through Dec 2024.
HG Holdings' advisory agreement with FedNat rejected in bankruptcy court
Court order granted on Jan 26, 2023 to reject the Advisory Services Agreement with FedNat Underwriters.
Bradley Garner resigns as CFO; Justin Edenfield named successor; $1.5M buyback authorized
Bradley G. Garner resigned as Principal Financial and Accounting Officer effective August 5, 2022, not due to any disagreement.
HG Holdings subsidiary enters advisory and reinsurance deals with FedNat entities
HGMA to assist FedNat Underwriters in restructuring non-statutory entities; fee = 1.5% of gross earned premium of Monarch and Maison (TX) per annum.
HG Holdings files NCTG/TAV financials; H1 2021 net income $587K vs $64K YoY
NCTG unaudited net income for six months ended June 30, 2021, was $587K, up from $64K in H1 2020.
HG Holdings completes acquisition of remaining 50% of Title Agency Ventures for $2.2M
Purchased remaining 50% of Title Agency Ventures LLC from Fidelis US Holdings for $2.2M cash.
HG Holdings completes $5.49M acquisition of Florida title insurer and agency stake
Purchased 100% of NCTIC (Florida title insurer) and 100% of NCTG (owns 50% of Omega National Title Agency with 10 Florida locations).
On May 31, 2024, Justin H. Edenfield resigned as Principal Financial and Accounting Officer; Secretary of HG Holdings, Inc. (the “Company”).
In connection with Mr. Edenfield’s resignation, the board of directors of the Company (the “Board”) has elected Anna Lieb to serve as Principal Financial and Accounting Officer; Secretary of the Company effective as of May 31, 2024.
the board of directors of the Company (the “Board”) has elected Justin H. Edenfield to serve as Principal Financial and Accounting Officer; Secretary of the Company effective as of August 5, 2022.
On August 5, 2022, Bradley G. Garner resigned as Principal Financial and Accounting Officer; Secretary of HG Holdings, Inc.
Max materiality 0.80 · Median 0.50 · Most common event other_material