HG Holdings, Inc. Files 2024 10-K, Details $10.25M Investment
Ticker: STLY · Form: 10-K · Filed: Mar 27, 2025 · CIK: 797465
| Field | Detail |
|---|---|
| Company | Hg Holdings, Inc. (STLY) |
| Form Type | 10-K |
| Filed Date | Mar 27, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, investment, REIT
TL;DR
HG Holdings 10-K is in. $10.25M invested in HC Series B stock w/ voting rights. Check it.
AI Summary
HG Holdings, Inc. filed its 2024 10-K on March 27, 2025, reporting on its fiscal year ending December 31, 2024. The company, formerly Stanley Furniture Co Inc., is a Real Estate Investment Trust. The filing details investments, including $10.25 million in HC Series B Stock with specific conversion rights and voting power.
Why It Matters
This filing provides crucial financial and operational details for HG Holdings, Inc., including its investment structure and voting rights, which are important for investors to assess the company's performance and strategic direction.
Risk Assessment
Risk Level: medium — The filing mentions specific investment details and conversion rights, indicating potential complexities and risks associated with these financial instruments.
Key Numbers
- $10.25 million — HC Series B Stock Investment Basis (Represents the original cost of the investment in HC Series B Stock.)
- 20241231 — Fiscal Year End (The period covered by the 10-K filing.)
- 20250327 — Filing Date (The date the 10-K was officially submitted to the SEC.)
Key Players & Entities
- HG Holdings, Inc. (company) — Filer of the 10-K
- Stanley Furniture Co Inc. (company) — Former name of HG Holdings, Inc.
- 20241231 (date) — Fiscal year end
- 20250327 (date) — Filing date
- $10.25 million (dollar_amount) — Original basis of HC Series B Stock investment
- HC Series B Stock (company) — Type of stock invested in
FAQ
What are the specific voting rights associated with the HC Series B Stock?
The HC Series B Stock has voting rights on an 'as converted' basis, meaning its voting power is equivalent to the number of common shares it could be converted into.
What is the conversion ratio for HC Series B Stock into HC Common Stock?
The conversion ratio is $10.00 per share divided by the lesser of $9.10 per share or the fair market value per share of HC Common Stock, subject to adjustments.
What is the total number of filings associated with this 10-K report?
There are 81 documents filed as part of this 10-K report.
What was HG Holdings, Inc. formerly known as?
HG Holdings, Inc. was formerly known as Stanley Furniture Co Inc.
What is the business address of HG Holdings, Inc.?
The business address is 2115 E. 7TH STREET, SUITE 101, CHARLOTTE, NC 28211.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 27, 2025 regarding HG Holdings, Inc. (STLY).