NewsMV
(HGBL) entered into a new credit facility with C3bank, National Association, establishing a $10.0 million revolving line of credit for business operations.
The agreement, dated September 16, 2026, was disclosed in an 8-K filed with the SEC on September 22, 2026.
The facility matures on January 16, 2028, and is secured by a broad pledge of the company's assets and subsidiary equity. The deal terms define the cost of capital for the period ahead.
Interest accrues at a variable rate based on the Wall Street Journal prime rate plus a 1.00% margin.
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