HG Holdings, Inc. Files 8-K with Corporate Updates
Ticker: STLY · Form: 8-K · Filed: Sep 3, 2025 · CIK: 797465
| Field | Detail |
|---|---|
| Company | Hg Holdings, Inc. (STLY) |
| Form Type | 8-K |
| Filed Date | Sep 3, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.02, $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, filing, bylaws
TL;DR
HG Holdings filed an 8-K detailing corporate changes and shareholder votes.
AI Summary
HG Holdings, Inc. filed an 8-K on September 3, 2025, reporting on events that occurred on September 2, 2025. The filing indicates amendments to its Articles of Incorporation or Bylaws, submission of matters to a vote of security holders, and the filing of financial statements and exhibits. The company, formerly known as Stanley Furniture Co Inc., is incorporated in Delaware and based in Tallahassee, Florida.
Why It Matters
This 8-K filing signals potential changes in HG Holdings' corporate structure or governance, which could impact its operations and shareholder rights.
Risk Assessment
Risk Level: low — The filing is routine and reports on corporate governance matters without immediate financial implications.
Key Players & Entities
- HG Holdings, Inc. (company) — Registrant
- Stanley Furniture Co Inc. (company) — Former company name
- Delaware (jurisdiction) — State of incorporation
- Tallahassee, Florida (location) — Business address
- September 2, 2025 (date) — Earliest event date
- September 3, 2025 (date) — Filing date
FAQ
What specific amendments were made to HG Holdings, Inc.'s Articles of Incorporation or Bylaws?
The filing indicates that amendments were made, but the specific details of these amendments are not provided in the summary information of the 8-K.
What matters were submitted to a vote of security holders?
The 8-K states that matters were submitted to a vote of security holders, but the nature of these matters is not detailed in the provided text.
When was HG Holdings, Inc. formerly known as Stanley Furniture Co Inc.?
The filing indicates name changes occurred in 1993 and 2006, with Stanley Furniture Co Inc. being a former name.
What is the business address of HG Holdings, Inc.?
The business address is 6265 Old Water Oak Road, Unit 204, Tallahassee, FL 32312.
What is the SIC code for HG Holdings, Inc.?
The Standard Industrial Classification (SIC) code for HG Holdings, Inc. is 6798, which corresponds to Real Estate Investment Trusts.
Filing Stats: 672 words · 3 min read · ~2 pages · Grade level 10 · Accepted 2025-09-03 10:10:54
Key Financial Figures
- $0.02 — : (a) 7,000,000 shares of common stock, $0.02 par value per share ("Common Stock"); a
- $0.01 — shares of Blank Check Preferred Stock, $0.01 par value per share (the "Amendment").
Filing Documents
- stly20250819_8k.htm (8-K) — 25KB
- ex_858683.htm (EX-3.1) — 12KB
- 0001437749-25-028211.txt ( ) — 160KB
- stly-20250902.xsd (EX-101.SCH) — 3KB
- stly-20250902_def.xml (EX-101.DEF) — 10KB
- stly-20250902_lab.xml (EX-101.LAB) — 14KB
- stly-20250902_pre.xml (EX-101.PRE) — 11KB
- stly20250819_8k_htm.xml (XML) — 3KB
03
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. Effective September 2, 2025, HG Holdings, Inc. (the "Company") amended its Restated Certificate of Incorporation (as amended, the "Certificate of Incorporation") to reduce the number of authorized shares to 8,000,000 shares which are divided into two classes as follows: (a) 7,000,000 shares of common stock, $0.02 par value per share ("Common Stock"); and (b) 1,000,000 shares of Blank Check Preferred Stock, $0.01 par value per share (the "Amendment"). The Certificate of Incorporation previously provided that the number of authorized shares was 36,000,000 shares which were divided into two classes as follows: (a) 35,000,000 shares of Common Stock; and (b) 1,000,000 shares of Blank Check Preferred Stock, $0.01 par value per share. No issued shares of the Company are impacted by the Amendment; the Amendment only reduces the Company's authorized but unissued shares. As previously disclosed in the Company's Definitive Information Statement, as filed with the United States Securities and Exchange Commission on Schedule 14C on August 8, 2025, the Amendment was approved by the Company's board of directors on July 25, 2025, subject to stockholder approval, and subsequently approved by written consent of approximately 74.74% of the issued and outstanding shares of Common Stock of the Company. The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment, a copy of which is filed as Exhibit 3.1 to this Current Report on Form 8-K and incorporated by reference herein.
07
Item 5.07. Submission of Matters to a Vote of Security Holders. The information reported in Item 5.03 of this Current Report on Form 8-K is incorporated herein by reference.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 3.1 Certificate of Amendment of Restated Certificate of Incorporation of HG Holdings, Inc., dated September 2, 2025. 104 Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HG HOLDINGS, INC. Date: September 3, 2025 By: /s/ Anna Lieb Name: Anna Lieb Title: Principal Financial and Accounting Officer