GWG Holdings, Inc. (NASDAQ:GWGH) Files An 8-K Results of Operations and Financial ConditionItem 2.02
On August 10, 2017, GWG Holdings, Inc. issued a press release reporting the financial results for its second fiscal quarter ended June 30, 2017.
| Item 2.02 | Regulation FD Disclosure. |
As indicated above, on August 10, 2017, GWG Holdings issued a press release.
The information reported under Items 2.02, 7.01 and 9.01 of this report is to be considered “filed” with, and not merely furnished to, the Securities and Exchange Commission. 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.
| Item 2.02 | Financial Statements and Exhibits. |
(d)Exhibits.
| 99.1 | Press release dated August 10, 2017 (filed herewith) |
GWG Holdings, Inc. ExhibitEX-99.1 2 f8k081017ex99i_gwgholdings.htm PRESS RELEASE DATED AUGUST 10,…To view the full exhibit click here
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.
