Company: HGBL
Filing Date: 2025-03-13
Form Type: 10-K
Source: 0000950170-25-038691
Chunk: 154

Company: Heritage Global Inc.
Filing Date: 2025-03-13
Form: 10-K
Item: Item 5
Chunk 154
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Market Information

Shares of our common stock, $0.01 par value per share, are quoted under the symbol “HGBL” on the Nasdaq Stock Market. 

Holders

As of March 1, 2025, we had approximately 323 holders of common stock of record.

Dividends

To date, we have not paid dividends on our common stock nor do we anticipate that we will pay dividends in the foreseeable future. As of December 31, 2024, we did not have any preferred stock outstanding that has any preferential dividends.

Recent Sales of Unregistered Securities.

On December 12, 2024, the Company issued 14,001 shares of common stock to certain accredited personnel pursuant to the exercise of stock options. On December 17, 2024, the Company issued an additional 25,758 shares of common stock to certain accredited personnel pursuant to the exercise of stock options. These securities were issued in reliance on the exemption set forth in Section 4(a)(2) of the Securities Act of 1933, as amended.

Issuer Purchases of Equity Securities.

During the three months ended December 31, 2024, repurchases of the Company's common stock were as follows:

    Period
     
    (a) Total Number of Shares Purchased [1]

    (b) Average Price Paid per Share [2]

    (c) Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs

    (d) Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs [3]

    October 1 through October 31, 2024

    271,220

    $
    1.70

    1,268,844

    $
    3,686,720

    November 1 through November 30, 2024

    179,552

    $
    1.67

    1,448,396

    $
    3,386,594

    December 1 through December 31, 2024

    214,187

    $
    1.77

    1,662,583

    $
    3,007,858

    [1] No shares of our common stock were purchased other than through a publicly announced plan or program.

    [2] Amounts in this column reflect weighted average price paid per share, which includes commissions and other expenses associated with the repurchases