Burnham William L bought HGBL

Footnotes

The reported shares were purchased by Inductive Capital LP in a privately negotiated transaction from Ross Dove, Chief Executive Officer and a director of the Issuer, at a price of $1.33 per share, pursuant to a Common Stock Purchase Agreement dated 9-25-26. The transaction was not effected on a securities exchange or through a broker. Transfer of the shares into the name of Inductive Capital LP is expected to be completed following the transaction date through the Issuer's transfer agent.; The $1.33 per-share price equaled the Nasdaq closing price on 9/24/2026.; The shares are held directly by Inductive Capital LP. Inductive Holdings, LLC is the general partner of Inductive Capital LP, and the reporting person is the managing member of Inductive Holdings, LLC. The reporting person may therefore be deemed to beneficially own the shares held by Inductive Capital LP. The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.