HGBL news

Heritage Global Inc. secured a $10 million revolving credit facility with C3bank expiring in 2028. The agreement includes an unused line fee but also strengthens the company's financial resilience for business operations.

Heritage Global Inc. announced its acquisition of Boston Note Company. The move is strategic as Boston Note Company is a nationwide broker and buyer of privately held loans, notes, and mortgages, aligning with Heritage Global's business model of acquiring specialized platforms.

Heritage Global authorizes a plan to exit its Specialty Lending segment due to continued difficulties with its largest borrower. The strategic move aims to realign the company's focus.

Heritage Global held its 2026 Annual Meeting on June 3, 2026, where shareholders elected Michael Hexner and William Burnham as Class II directors and ratified UHY LLP as independent auditor. The votes demonstrate routine corporate governance actions with strong shareholder approval for both director…