| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HGBL | Common Stock | Sale | -$752K | -259K | -5.87% | $2.90 | 4.16M | Mar 14, 2023 | By Topline Capital Partners, LP | F1, F2, F3 |
| transaction | HGBL | Common Stock | Sale | -$237K | -81.8K | -1.97% | $2.90 | 4.08M | Mar 15, 2023 | By Topline Capital Partners, LP | F1, F2, F3 |
| transaction | HGBL | Common Stock | Sale | -$136K | -48.1K | -1.18% | $2.82 | 4.03M | Mar 16, 2023 | By Topline Capital Partners, LP | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | The reporting persons are (i) Topline Capital Management, LLC, an exempt reporting adviser ("TCM"), and (ii) Collin McBirney, TCM's managing member. |
| F2 | Each reporting person may be deemed to beneficially own more than 10% of the issuer's outstanding shares of Common Stock. Each reporting person disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any reporting person is the beneficial owner of such shares of Common Stock for purposes of Section 16 or for any other purpose. |
| F3 | The shares of Common Stock reported in Table I of this Form 4 are beneficially owned by Topline Capital Partners, LP, a Delaware limited partnership (the "Fund"). As a greater than 10% beneficial owner, the Fund is separately reporting its holdings in the issuer's securities on a Form 4 filed concurrently herewith. Each of TCM, as the investment manager and general partner of the Fund, and Mr. Mc Birney, as managing member of TCM, may be deemed to be the beneficial owner of the shares of common stock beneficially owned by the Fund. |