HG Holdings Inc. Board Approves Amendment to Reduce Authorized Shares

Reuters

Jul 29, 2025

HG Holdings Inc. Board Approves Amendment to Reduce Authorized Shares

HG Holdings Inc. has announced that its board of directors, with the consent of a majority of its stockholders, has approved a resolution to amend the company's Restated Certificate of Incorporation. The amendment involves decreasing the total number of authorized shares of all classes of stock. This decision reflects the company's strategic efforts to align its capital structure with its current and future operational needs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HG Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-023745), on July 29, 2025, and is solely responsible for the information contained therein.

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Board Approves Amendment to Reduce Authorized Shares","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      HG Holdings Inc. Board Approves Amendment to Reduce Authorized Shares\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        HG Holdings Inc. has announced that its board of directors, with the consent of a majority of its stockholders, has approved a resolution to amend the company's Restated Certificate of Incorporation. The amendment involves decreasing the total number of authorized shares of all classes of stock. 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