GWG Holdings, Inc. (NASDAQ:GWGH) Files An 8-K Results of Operations and Financial Condition

Item2.02

On May 10, 2017, GWG Holdings, Inc. issued a press release
reporting the financial results for its first fiscal quarter
ended March 31, 2017.

Effective May 5, 2017, GWG Holdings adopted an amendment to the
GWG Holdings, Inc. 2013 Stock Incentive Plan that: (i) increases
the number of shares of common stock reserved for issuance
thereunder by 1,000,000, to a total of 3,000,000, (ii) expands
the eligible participants to include to consultants and
independent contractors of GWG Holdings, and (iii) increases the
number of shares of common stock for which the Chief Executive
Officer may grant incentives, on a discretionary basis, in any
fiscal year by 200,000, to a total of 400,000.

A copy of the 2013 Stock Incentive Plan, as amended, is filed as
Exhibit 10.1 to this report. The description of the amendment
contained above is qualified in its entirety by the actual text
of the amendment.

GWG Holdings held its annual meeting of stockholders on May 5,
2017. At the meeting, stockholders of GWG Holdings took the
following actions:

(i)The stockholders elected seven directors to serve as members
of the Board of Directors until the next annual meeting of
stockholders. The stockholders present in person or by proxy cast
the following numbers of votes in connection with the election of
directors, resulting in the election of all director nominees:

(ii) The stockholders approved an amendment to the GWG Holdings,
Inc. 2013 Stock Incentive Plan. The holders of 4,658,764 shares
voted for this proposal; the holders of 101,106 shares voted
against this proposal; and the holders of 59,622 shares
abstained.

(iii)The stockholders ratified the appointment of Baker Tilly
Virchow Krause, LLP as the independent registered public
accounting firm of GWG Holdings for the year ending December 31,
2017. The holders of 5,442,282 shares voted for this proposal;
the holders of 17,720 shares voted against this proposal; and the
holders of 37,670 shares abstained.

As indicated above, on May 10, 2017, GWG Holdings issued a press
release.

The information in Items 2.02 and 7.01 of this Report on Form 8-K
is furnished to, but not filed with, the Securities and Exchange
Commission solely under Items2.02 Results of Operations and
Financial Condition and 7.01 Regulation FD Disclosure. A copy of
the press release reporting the information included in Items
2.02 and 7.01 is furnished as Exhibit 99.1 to this report.

About GWG Holdings, Inc. (NASDAQ:GWGH)

GWG Holdings, Inc. is a specialty finance company. The Company is a financial purchaser of life insurance assets in the secondary market. The Company creates opportunities for consumers owning life insurance to obtain value for their policies as compared to the traditional options offered by insurance companies. The Company also creates opportunities for investors to participate in alternative asset classes, such as life insurance, not correlated to traditional financial markets. The Company conducts its life insurance related business through its subsidiary, GWG Life, LLC. It generally purchases life insurance assets directly from policy owners having purchased their life insurance in the primary market. Its operational platform offers various options to customers based on the market value of their life insurance, including selling the entire policy benefit for cash, or selling a portion of the policy benefit and retaining a portion of the benefit with no future premium obligation.

GWG Holdings, Inc. (NASDAQ:GWGH) Recent Trading Information

GWG Holdings, Inc. (NASDAQ:GWGH) closed its last trading session down -0.15 at 9.90 with 157 shares trading hands.