Mink Brook Asset Management LLC Reports 6.4% Passive Stake in Heritage Global Inc. (HGBL)

On April 6, 2026, Mink Brook Asset Management LLC filed a Schedule 13G/A reporting a 6.4% ownership stake in Heritage Global Inc. (HGBL). The filing indicates that the reporting entities, including Mink Brook Partners LP, Mink Brook Opportunity Fund LP, Mink Brook Capital GP LLC, and William Mueller, collectively hold 2,238,256 shares of common stock. Specifically, Mink Brook Partners LP holds 1,236,860 shares (3.6%) and Mink Brook Opportunity Fund LP holds 1,001,396 shares (2.9%). William Mueller, as the managing member of Mink Brook Capital GP LLC and Mink Brook Asset Management LLC, is deemed to have shared voting and dispositive power over the total aggregate shares. This filing represents an increase from a previous 0% position, as noted in the supplemental data. The calculations are based on 34,741,553 shares outstanding as of the issuer's 10-K filed on March 12, 2026. The filing was made under Rule 13d-1(c), indicating the shares were not acquired for the purpose of changing or influencing the control of the issuer.