GWG Holdings Introduces $150 Million Offering

MINNEAPOLIS, April 03, 2017 (GLOBE NEWSWIRE) — GWG Holdings, Inc. (Nasdaq:GWGH), the parent company of GWG Life, a financial services company committed to transforming the life insurance industry through disruptive and innovative products and services, announced today that it has begun offering $150 million in publicly registered non-traded shares of redeemable preferred stock.

The offering, known as Series 2 Redeemable Preferred Stock, offers a qualified company annual dividend, paid monthly. The offering price is $1,000 per share with a minimum investment of $10,000. GWG Holdings is offering up to $150 million of redeemable preferred stock in this offering.

GWG Holdings plans to use the net proceeds from the offering of the shares primarily to purchase and finance additional life insurance assets but may use the net proceeds to service and retire outstanding debt obligations and for other operating and corporate purposes. Emerson Equity LLC is serving as the managing broker-dealer for the offering, which is being sold through a network of participating dealers and licensed financial advisors and representatives.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities of GWG Holdings. Offers and sales may only be made by means of a prospectus, a copy of which may be obtained by sending a request to GWG Holdings at or via telephone at (877) 494-2388. A prospectus may also be obtained at the SEC’s website at This press release is being issued pursuant to and in accordance with Rule 134 under the Securities Act of 1933.

For more information about GWG Holdings, email or visit

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