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HG Holdings Amends Incorporation Certificate for Governance Shift

Story Highlights
  • HG Holdings amended its Certificate of Incorporation to allow stockholder action by less than unanimous consent.
  • At the Annual Meeting, stockholders elected a director and approved executive compensation for 2024.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
HG Holdings Amends Incorporation Certificate for Governance Shift

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HG Holdings ( (STLY) ) has issued an update.

On June 27, 2025, HG Holdings, Inc. amended its Restated Certificate of Incorporation to allow stockholders to take action by less than unanimous written consent, provided the minimum number of votes necessary for authorization is obtained. This change, approved by the board on April 30, 2025, and by stockholders at the Annual Meeting on June 26, 2025, signifies a shift in corporate governance, potentially impacting decision-making processes and stakeholder engagement. At the Annual Meeting, stockholders also elected Steven A. Hale II as a director until 2028 and approved executive compensation for 2024.

More about HG Holdings

Average Trading Volume: 4,572

Technical Sentiment Signal: Hold

Current Market Cap: $13.96M

See more insights into STLY stock on TipRanks’ Stock Analysis page.

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