EMERGENT CAPITAL, INC. (NYSE:EMG) Files An 8-K Results of Operations and Financial Condition
Item 2.02
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Results of Operations and Financial Conditions
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a press release announcing earnings and other financial results
for its fourth>quarter ended December 31, 2016.
hereto are being furnished by the Company to Item 2.02 Results of
Operations and Financial Condition. In accordance with General
Instruction B.2 of Form 8-K, the information contained in Item
2.02 of this Current Report on 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.
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Item 9.01
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Financial Statements and Exhibits.
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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 up +0.018 at 0.330 with 3,492,420 shares trading hands.
