Heritage Global Announces Strategic Wind Down of Heritage Global Capital; Reschedules Second Quarter 2026 Earnings Conference Call to Thursday, August 13, 2026
- Company Expects Material Non-Cash Charge in Connection With Write-Down of Non-Performing Loans Within HGC –
Heritage Global Inc. (NASDAQ: HGBL) (“Heritage Global,” “HG” or “the Company”), an asset services company specializing in financial and industrial asset transactions, today announced that it has made the strategic decision to substantially wind down Heritage Global Capital ("HGC"), the Company's specialty lending business. In connection with this wind down, Heritage Global expects to recognize a material non-cash charge in the second quarter of 2026 related to the write-down of non-performing loans within HGC.
To provide additional time to determine the amount of the non-cash charge, the Company's second quarter 2026 financial results conference call has been rescheduled from Thursday, August 6, 2026 to Thursday, August 13, 2026 at 5:00 p.m. ET.
Webcast and Earnings Conference Call Details
