Material Event Form 8 K

Item 8.01. Other Events.

On September 13, 2024, Heritage Global Inc. (the "Company")'s Board of Directors approved an amendment to the Company's existing share repurchase program (the "Repurchase Program") to (i) increase the authorized aggregate amounts of shares of the Company's common stock the Company may repurchase from $4.0 million to $6.0 million and (ii) extend the term of the Repurchase Program from May 4, 2025 to June 30, 2025. Under the Repurchase Program, the Company may repurchase shares in open market transactions, privately negotiated transactions or through a series of forward purchase agreements, option contracts or similar agreements, including Rule 10b5-1 trading plans, subject to business opportunities and other factors.