Offerings // Heritage Global Inc.

HGBL offering history

Every offering-related filing in Heritage Global Inc.’s recent SEC record — registrations (announced capacity) kept separate from pricing documents (executed sales). Reviewed 884 filings back to May 12, 1995.

Last executed offering

Oct 2, 2020

424B2 — priced deal (shares or notes)

Last registration (announced)

Sep 14, 2023

S-3 — capacity, not a sale

Executed, last 12 months

424B pricings + 8-K 3.02 sales

Registered, last 12 months

S-1/S-3/F-series registrations

Date	Filing		What it means
Sep 25, 2023	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Sep 14, 2023	S-3 →	REGISTERED	S-3 registration — capacity to sell shares, not a sale yet
Oct 6, 2021	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Sep 24, 2021	S-3 →	REGISTERED	S-3 registration — capacity to sell shares, not a sale yet
Oct 2, 2020	424B2 →	EXECUTED	Prospectus supplement priced — shares or notes (large filers: often a bond deal)
Oct 1, 2020	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Sep 15, 2020	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Sep 3, 2020	S-3 →	REGISTERED	S-3 registration — capacity to sell shares, not a sale yet
Mar 25, 2019	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Mar 18, 2011	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Dec 14, 2010	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Jan 14, 2005	S-1/A →	REGISTERED	S-1/A registration — capacity to sell shares, not a sale yet
Nov 15, 2004	S-1 →	REGISTERED	S-1 registration — capacity to sell shares, not a sale yet
Oct 20, 2004	8-K →	EXECUTED	Unregistered share sale disclosed (8-K item 3.02)
Jan 30, 2002	RW →	WITHDRAWN	Registration withdrawn
Oct 16, 2000	S-3/A →	REGISTERED	S-3/A registration — capacity to sell shares, not a sale yet
Jul 21, 2000	S-3/A →	REGISTERED	S-3/A registration — capacity to sell shares, not a sale yet
May 18, 2000	S-3/A →	REGISTERED	S-3/A registration — capacity to sell shares, not a sale yet
May 3, 2000	S-3 →	REGISTERED	S-3 registration — capacity to sell shares, not a sale yet
Jul 21, 1999	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Dec 16, 1998	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Dec 7, 1998	S-3/A →	REGISTERED	S-3/A registration — capacity to sell shares, not a sale yet
Nov 6, 1998	S-3/A →	REGISTERED	S-3/A registration — capacity to sell shares, not a sale yet
Nov 6, 1998	S-3/A →	REGISTERED	S-3/A registration — capacity to sell shares, not a sale yet
Sep 4, 1998	S-3 →	REGISTERED	S-3 registration — capacity to sell shares, not a sale yet
Sep 3, 1998	S-1 →	REGISTERED	S-1 registration — capacity to sell shares, not a sale yet
Mar 23, 1998	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Dec 22, 1997	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital

HGBL offering-related filings from SEC EDGAR, newest first (capped at 40). Each links to the original document.

Two honest limits. (1) A 424B takedown can price shares or notes— EDGAR’s metadata doesn’t say which, so open the document: large investment-grade filers use these mostly for bond deals (no dilution), small-caps mostly for shares. (2) At-the-market (ATM) programs sell shares gradually and individual sales are not separately filed — the visible footprint is the enabling shelf and its 424B5; actual ATM share counts surface later in the 10-Q/10-K share count. Educational information from public filings, not investment advice.

Is a shelf active now? →Do they need money? →Red flags →Full HGBL workspace →

HGBL offering FAQ

When did HGBL last execute an offering?

Per SEC filings, Heritage Global Inc.'s most recent priced offering document is a 424B2 filed 2020-10-02. Note a 424B takedown can price shares or notes (debt) — the linked document says which.

When did HGBL last announce or register an offering?

The most recent registration is a S-3 filed 2023-09-14. A registration is capacity to sell shares — not a sale.

Does an offering always mean dilution?

Registered direct offerings and shelf takedowns issue new shares and dilute existing holders. Resale registrations (424B3/B7) let existing holders sell and do not create new shares. Secondary sales by insiders also do not dilute. Each row here is labeled with what it is.