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HG Holdings Reduces Authorized Shares to Streamline Structure

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HG Holdings Reduces Authorized Shares to Streamline Structure

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HG Holdings ( (STLY) ) just unveiled an update.

On September 2, 2025, HG Holdings, Inc. amended its Restated Certificate of Incorporation to reduce its authorized shares from 36,000,000 to 8,000,000, comprising 7,000,000 shares of common stock and 1,000,000 shares of Blank Check Preferred Stock. This amendment, which does not affect issued shares, was approved by the board and a majority of stockholders, aiming to streamline the company’s capital structure.

More about HG Holdings

Average Trading Volume: 1,026

Technical Sentiment Signal: Sell

Current Market Cap: $20.36M

For a thorough assessment of STLY stock, go to TipRanks’ Stock Analysis page.

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