EMERGENT CAPITAL, INC. (NYSE:EMG) Files An 8-K Results of Operations and Financial Condition
Item 2.02
|
Results of Operations and Financial Conditions
|
press release announcing earnings and other financial results for
its first>quarter ended March 31, 2017.
Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for
the purposes of Section 18 of the Securities Exchange Act of
1934, as amended, or otherwise subject to the liability of that
section or Sections 11 and 12(a)(2) of the Securities Act of
1933, as amended. In addition, this information shall not be
deemed incorporated by reference into any of the Companys filings
with the Securities and Exchange Commission, except as shall be
expressly set forth by specific reference in any such filing.
|
Item 9.01
|
Financial Statements and Exhibits.
|
About EMERGENT CAPITAL, INC. (NYSE:EMG)
Emergent Capital, Inc., formerly Imperial Holdings, Inc., is a specialty finance company that invests in asset classes, primarily life settlements. The Company, through its subsidiary companies, owns a portfolio of approximately 630 life insurance policies (life settlements). The Company purchases individual policies and portfolios of life insurance policies and manages those assets based on actuarial and market data. The Company provides customized liquidity solutions to owners of illiquid financial assets in two markets, which include life finance and structured settlements. The Company focuses on lending to outright purchases of portfolios, to tertiary trades, as well as individual secondary market purchases. The Company invests in short and long-term life settlement investments. EMERGENT CAPITAL, INC. (NYSE:EMG) Recent Trading Information
EMERGENT CAPITAL, INC. (NYSE:EMG) closed its last trading session down -0.020 at 0.250 with 3,492,420 shares trading hands.