GWG Holdings, Inc. (NASDAQ:GWGH) Files An 8-K Results of Operations and Financial Condition
Item2.02 Results of Operations and Financial Conditions.
On March 8, 2017, GWG Holdings, Inc. issued a press release
reporting the financial results for its fiscal year ended
December 31, 2016.
Item 7.01 Regulation FD Disclosure.
As indicated above, on March 8, 2017, GWG Holdings, Inc. 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.
Item9.01 Financial Statements and Exhibits.
(d) Exhibits
| 99.1 | Press release dated March 8, 2017 |
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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 -0.41 at 9.00 with 11,658 shares trading hands.