04:47 PM EDT, 07/31/2026 (MT Newswires) -- Heritage Global ( HGBL ) said late Friday it will substantially wind down Heritage Global Capital, its specialty lending business.

The company said it expects to record a material non-cash charge in Q2 following the write-down of non-performing loans within the unit. It has rescheduled its Q2 results conference call to Aug. 13 from Aug. 6.