IEG HOLDINGS CORPORATION (OTCMKTS:IEGH) Files An 8-K Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03 Amendments to Articles of Incorporation or Bylaws;
Change in Fiscal Year
On December 5, 2016, IEG Holdings Corporation (the Company) filed
articles of amendment (the Amendment) to its amended and restated
articles of incorporation, as amended. The Amendment has the
effect of increasing the number of authorized shares of common
stock from 40,000,000 to 300,000,000.
The Amendment was approved by the Companys board of directors and
the holder of a majority of the voting power of the issued and
outstanding capital stock of the Company, as required, on October
28, 2016.
The foregoing description of the Amendment is qualified in its
entirety by reference to the Amendment, which is filed as Exhibit
3.1 hereto and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |
| 3.1 |
Articles of Amendment of IEG Holdings Corporation, filed with the Secretary of State of the State of Florida on December 5, 2016. |
About IEG HOLDINGS CORPORATION (OTCMKTS:IEGH)
IEG Holdings Corporation is a consumer finance company. The Company is engaged in the business of providing unsecured consumer loans ranging from $2,000 to $10,000. The Company operates in Consumer Loans segment. It offers loans online under the consumer brand Mr. Amazing Loans through its Website and online application portal at www.mramazingloans.com. It has obtained additional state lending licenses, and are licensed and originating direct consumer loans in the states of Alabama, Arizona, California, Florida, Georgia, Illinois, Kentucky, Louisiana, Missouri, Nevada, New Jersey, New Mexico, Oregon, Pennsylvania, Texas, Utah and Virginia. It has approximately 80 loans in default representing over 4.81% of the number of loans in its active portfolio. Its subsidiaries include Investment Evolution Corporation, which holds state licenses, leases, employee contracts, and other operating and administrative expenses, and IEC SPV, LLC, which is a bankruptcy remote special purpose vehicle. IEG HOLDINGS CORPORATION (OTCMKTS:IEGH) Recent Trading Information
IEG HOLDINGS CORPORATION (OTCMKTS:IEGH) closed its last trading session 00.00 at 5.95 with 456 shares trading hands.