{"filing":{"accession_number":"0001193125-26-397864","cik":"0000849145","ticker":"HGBL","company_name":"Heritage Global Inc.","form":"8-K","filing_date":"2026-09-22","report_date":"2026-09-21","primary_document":"hgbl-20260921.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/849145/000119312526397864/hgbl-20260921.htm"},"events":[{"id":34287,"run_id":31554,"accession_number":"0001193125-26-397864","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"Heritage Global entered into a $10.0 million revolving line of credit with C3bank on September 16, 2026, governed by a promissory note, business loan agreement, and commercial security agreement. The facility carries an interest rate of prime plus 1.00% (floor 7.500%), matures on January 16, 2028, and includes customary covenants.","company_name":"Heritage Global Inc.","ticker":"HGBL","filing_date":"2026-09-22","form":"8-K","submitted_at":null,"items":[{"id":37968,"accession_number":"0001193125-26-397864","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Heritage Global entered into a $10.0 million revolving line of credit with C3bank on September 16, 2026, creating a new direct financial obligation. The disclosure details the promissory note, business loan agreement, and commercial security agreement governing the facility, including interest rate terms (prime plus 1.00%, floor 7.500%), maturity date (January 16, 2028), and customary covenants. This is a material debt issuance that would affect a reasonable investor's assessment of the company's capital structure and liquidity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-22T20:00:39.132225+00:00","company_name":"","ticker":null,"filing_date":""},{"id":37969,"accession_number":"0001193125-26-397864","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.65,"reasoning":"Item 2.03 is the dedicated disclosure item for creation of direct financial obligations, and the filing incorporates Item 1.01 by reference, which typically covers material acquisitions, dispositions, or related financing. While the specific details are not provided in this excerpt, the invocation of Item 2.03 signals a material financial obligation has been created. Debt issuance is the most common triggering event for this Item.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-22T20:00:39.132225+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":37968,"accession_number":"0001193125-26-397864","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Heritage Global entered into a $10.0 million revolving line of credit with C3bank on September 16, 2026, creating a new direct financial obligation. The disclosure details the promissory note, business loan agreement, and commercial security agreement governing the facility, including interest rate terms (prime plus 1.00%, floor 7.500%), maturity date (January 16, 2028), and customary covenants. This is a material debt issuance that would affect a reasonable investor's assessment of the company's capital structure and liquidity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-22T20:00:39.132225+00:00","company_name":"Heritage Global Inc.","ticker":"HGBL","filing_date":"2026-09-22"},{"id":37969,"accession_number":"0001193125-26-397864","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.65,"reasoning":"Item 2.03 is the dedicated disclosure item for creation of direct financial obligations, and the filing incorporates Item 1.01 by reference, which typically covers material acquisitions, dispositions, or related financing. While the specific details are not provided in this excerpt, the invocation of Item 2.03 signals a material financial obligation has been created. Debt issuance is the most common triggering event for this Item.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-22T20:00:39.132225+00:00","company_name":"Heritage Global Inc.","ticker":"HGBL","filing_date":"2026-09-22"}]}