AI brief of an SEC Form 8-K · Heritage Global Inc. (HGBL)

Heritage Global enters $10.0 million revolving credit facility with C3bank

Neutral Impact 3 of 5 financing Written later

Heritage Global Inc. entered into a $10.0 million revolving line of credit with C3bank, National Association, on September 16, 2026, maturing January 16, 2028. The facility is secured by company and subsidiary assets and a pledge of subsidiary equity, and carries restrictions on additional borrowing and asset encumbrance.

Key points

  • Revolving line of credit of $10.0 million with C3bank, National Association, dated September 16, 2026
  • Maturity date of January 16, 2028; interest at prime rate plus 1.00%, with a floor of 7.500% per annum
  • Secured by company and subsidiary assets and a pledge of subsidiary equity; proceeds limited to business operations
  • Full agreements to be filed as exhibits to the Form 10-Q for the quarter ended September 30, 2026

The filing

CompanyHeritage Global Inc. (HGBL)
Form8-K, current report
Filed with the SECSep 22, 2026, 4:00 PM ET
Accession number0001193125-26-397864

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 22, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.