Heritage Global INC
Market Movers (8-K)
NASDAQ
Heritage Global Inc. announced the acquisition of Boston Note Company, expanding its Financial Assets platform into seller and carry-back notes.
NASDAQ
Heritage Global Inc. announced a strategic plan to wind down its Specialty Lending segment, HGC, citing ongoing difficulties with its largest borrower and a decline in the segment's performance.
Delay expected
Worse than expected
NASDAQ
Heritage Global Inc. shareholders elected directors and ratified auditor UHY LLP at the 2026 Annual Meeting.
NASDAQ
Heritage Global Inc. announced its subsidiary, Heritage DebtX LLC, acquired substantially all assets of The Debt Exchange, Inc. for $8.45 million in cash, expanding its financial assets division.
NASDAQ
Heritage Global Inc. announced that its shareholders re-elected three Class I directors and ratified UHY LLP as the independent auditor for the fiscal year ending December 31, 2025, during its 2025 Annual Meeting.
NASDAQ
Heritage Global Inc. obtains a $4.1 million loan to purchase real property in San Diego for its new corporate headquarters and warehouse space.
Quarterly Earnings (10-Q)
NASDAQ
Heritage Global Inc. reported its first quarter 2026 financial results, highlighting a net income of $0.7 million and the strategic acquisition of The Debt Exchange, Inc. (DebtX).
Worse than expected
NASDAQ
Heritage Global Inc. reported a significant 46% drop in net income for the third quarter of 2025, primarily impacted by a major borrower default and reduced earnings from equity method investments.
Worse than expected
Capital raise
NASDAQ
Heritage Global Inc. reported a significant 37% drop in net income for the first half of 2025, primarily due to a major borrower default impacting its specialty lending segment.
Worse than expected
Capital raise
NASDAQ
Heritage Global Inc.'s Q1 2025 results show a net income decrease due to a significant borrower default affecting the Specialty Lending segment, despite an overall revenue increase.
Worse than expected
NASDAQ
Heritage Global Inc.'s Q3 2024 results show a decrease in revenue and net income compared to the previous year, primarily due to a significant loan default impacting their specialty lending segment.
Worse than expected
NASDAQ
Heritage Global Inc.'s Q2 2024 results show a decrease in revenue and net income compared to the previous year, primarily due to a significant loan being placed on nonaccrual status.
Worse than expected
Annual Reports (10-K)
NASDAQ
Heritage Global Inc. reports a decline in net income and operating income for 2025, driven by a shift in revenue mix and significant nonaccrual loans in its Specialty Lending segment.
Worse than expected
NASDAQ
Heritage Global Inc.'s 2024 10-K filing reveals a decrease in revenue compared to the previous year, alongside strategic adjustments in its lending portfolio and operational segments.
Worse than expected
NASDAQ
10-K: Heritage Global Inc. Grants Stock Options and Outlines Compensation Recoupment Policy in 10-K Filing
Heritage Global Inc.'s 10-K filing details a non-qualified stock option agreement for employees and non-employee directors, alongside a compensation recoupment policy.
Better than expected
NASDAQ
Heritage Global Inc. has filed an amendment to its 2022 annual report to correct the signing dates of the independent auditor's reports.
Insider Trading (Form 4)
NASDAQ
Nicholas Dove, President of Industrial Assets at Heritage Global Inc., reported the acquisition of 26,000 common shares.
NASDAQ
Thomas Van Ludwig, President of NLEX at Heritage Global Inc., exercised 31,875 stock options and withheld shares for tax obligations.
NASDAQ
EVP, General Counsel and Secretary James Sklar sold 3,734 shares of Heritage Global Inc. common stock via a 10b5-1 plan.
NASDAQ
James Sklar, EVP and General Counsel of Heritage Global Inc., sold 3,734 shares of common stock under a pre-arranged trading plan.
NASDAQ
Heritage Global Inc. Director Kelly S. Sharpe acquired 20,000 restricted common shares, increasing her beneficial ownership to 95,800 shares.
NASDAQ
Heritage Global Inc. Director Samuel L. Shimer was granted 20,000 restricted common shares, vesting quarterly through March 2027.
Proxy Statements (Def-14A)
NASDAQ
Heritage Global Inc. has issued its proxy statement for the 2026 Annual Meeting of Shareholders, scheduled for June 3, 2026, detailing proposals for director elections and auditor ratification.
NASDAQ
Heritage Global Inc. announces its 2023 Annual Meeting and provides details on voting procedures and key proposals.
NASDAQ
Heritage Global Inc. will hold its 2025 Annual Meeting of Shareholders virtually on June 4, 2025, to elect directors and ratify the appointment of its independent auditor.
NASDAQ
DEFA14A: Heritage Global Engages Okapi Partners for Proxy Solicitation Ahead of June 5th Annual Meeting
Heritage Global Inc. has retained Okapi Partners LLC to assist in soliciting proxies for its upcoming annual meeting on June 5, 2024.
NASDAQ
Heritage Global Inc. will hold its annual shareholder meeting on June 14, 2023, to vote on the election of directors and the ratification of the company's independent auditor.
NASDAQ
Heritage Global Inc. is holding its annual shareholder meeting on June 5, 2024, to vote on director election, amended articles of incorporation, auditor ratification, and executive compensation.
Schedule 13G - Passive Investments
NASDAQ
Vanguard Capital Management has reported a beneficial ownership of 4.52% in Heritage Global Inc. common stock as of June 30, 2026.
NASDAQ
Punch & Associates Investment Management, Inc. has disclosed a beneficial ownership of 2,244,148 shares, representing 6.5% of the outstanding common stock of Heritage Global Inc., as of March 31, 2026.
NASDAQ
Vanguard Capital Management has reported beneficial ownership of 1,834,364 shares, representing 5.28% of the outstanding common stock of Heritage Global Inc.
NASDAQ
Mink Brook Asset Management and affiliates have reported a 6.4% beneficial ownership stake in Heritage Global Inc.
NASDAQ
The Vanguard Group reports 0% beneficial ownership in Heritage Global Inc. following an internal realignment.
NASDAQ
SCHEDULE 13G: Mink Brook Entities Report 5.26% Stake in Heritage Global Inc. Following Issuer Share Repurchases
Mink Brook Asset Management and affiliated entities have reported a 5.26% beneficial ownership stake in Heritage Global Inc., triggered by the issuer's share repurchase activity rather than new acquisitions by Mink Brook.