3 - GWG Holdings, Inc. (0001522690) (Issuer)

3 - GWG Holdings, Inc. (0001522690) (Issuer)

3 - GWG Holdings, Inc. (0001522690) (Issuer)

      With Financial Filings Current, GWGH Reopens Sales of the L Bond Company Now in Compliance with Nasdaq SEC Reporting Listing Requirements DALLAS, Dec. 08, 2021 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (NASDAQ:GWGH), an innovative financial services firm based in Dallas, Texas that is a leader in providing unique investment solutions and, through its passive investment in The Beneficient Company Group, L.P., unique liquidity solutions and services for the owners of illiquid investments, announced its financial and operating results. The results reflect consolidated accounting and financial reporting of GWGH and The Beneficient Company Group, L.P. and its consolidated subsidiaries (col

DALLAS, Nov. 14, 2022 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (NASDAQ:GWGH) (the "Company"), a financial services firm based in Dallas, Texas, today announced that the Company's President and Chief Executive Officer, Murray T. Holland, and the Company's Chief Financial Officer and Treasurer, Timothy L. Evans, have both resigned as executive officers of the Company, effective immediately. Mr. Holland and Mr. Evans have not resigned from their positions as members of the board of directors of the Company. The Company expects to provide additional information in the coming days. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27

Sommerman, McCaffity, Quesada & Geisler urges coalition to assure protections for defrauded investors  DALLAS, April 22, 2022 /PRNewswire/ -- Dallas-based GWG Holdings, Inc. (NASDAQ:GWGH), a nationwide marketer of financial products and investments, and two affiliated entities filed for bankruptcy protection on April 20 in the Southern District of Texas. Meanwhile, the company's previous business practices and sales tactics remain under investigation by the U.S. Securities and Exchange Commission. Recognizing the need to protect the interests of all bondholders, attorneys with Sommerman, McCaffity, Quesada & Geisler in Dallas are calling for the creation of a coalition of willing law firms,

Obtains Debtor-In-Possession Financing to Facilitate Restructuring Expects Restructuring to Strengthen Financial Position and Enhance Value of its Assets DALLAS, April 20, 2022 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq GWGH) (the "Company"), a financial services firm based in Dallas, Texas, today announced that the Company and certain of its subsidiaries have filed voluntary Chapter 11 petitions (the "Chapter 11 Cases") in the U.S. Bankruptcy Court for the Southern District of Texas (the "Court") as part of a restructuring process intended to enable the Company to enhance its liquidity and ability to meet its financial obligations, while maximizing the value of its assets. The

Dallas-Based Alternative Asset Firm Expected to Seek Bankruptcy Protection Very Soon  HOUSTON, April 12, 2022 /PRNewswire/ -- According to sources, GWG Holdings, Inc. (NASDAQ:GWGH) is preparing for Chapter 11 bankruptcy. The reports come after the Texas-based alternative asset firm notified the SEC in an April 1, 2022 filing that it was not able to submit its 2021 yearly report and other financial statements because it has yet to retain an auditor since Grant Thornton stepped down from that role in December 2021.  Not having an auditor for this long can be a sign that a compan

Federman & Sherwood has been investigating GWG Holdings, Inc. ("GWG Holdings") (NASDAQ:GWGH). Investors who are concerned about the effect of a default on the bonds can contact Federman & Sherwood to discuss their options. In its recent Form 8-K filing with the SEC, GWG Holdings disclosed that it ". . . did not make the January 15, 2022 interest payments of approximately $10.35 million and principal payments of approximately $3.25 million with respect to its L Bonds." GWG Holdings also stated it has "elected to voluntarily suspend its L Bonds sales effective as of January 10, 2022." After GWG Holdings' failure to pay its interest payments and its suspension of the L Bonds, The Wall Street

DALLAS, April 06, 2022 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq GWGH) (the "Company"), a financial services firm based in Dallas, Texas, today announced that it received a letter (the "Letter") from the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq") notifying the Company that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2021. The Letter has no immediate effect on the listing or trading of GWGH's common stock on the Nasdaq Capital Market. The Letter states that the company is required to submit a plan to regain complianc

, April 6, 2022 /PRNewswire/ -- (Republic) A retired couple from Missouri has filed a six-figure claim against Center Street Securities over losses sustained in GWG Holdings, Inc. (NASDAQ:GWGH). Both inexperienced investors with health issues, the claimants had entrusted the brokerage firm with keeping their money safe.  Instead, their Center Street Securities broker Joe Latour, a registered investment advisor with the Latour Financial Group, unsuitably recommended and sold them GWG L Bonds, while neglecting to give a full picture of the risks. In their claim, the couple alleg

This News Release is a small correction to a previous news release on January 26th, 2022, which did not include the ticker symbol for "GWG Holdings Inc.".Boca Raton, Florida--(Newsfile Corp. - January 26, 2022) -  The Securities Law Firm of Menzer & Hill, P.A. (www.menzerhill.com) announced today that it is pursuing claims against those brokerage firms that sold L Bonds to their clients.On January 15, 2022, GWG Holdings, Inc. (NASDAQ:GWGH) ("GWG") failed to make interest payments of more than $10 Million and principal payments of more than $3 Million, relating to its L Bonds to its investors. Moreover, if GWG fails to make payment within 30 days, the company may be in default. If GWG defaul

DALLAS, Dec. 30, 2021 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (NASDAQ:GWGH) today announced that it received confirmation from Nasdaq that it is in compliance with Nasdaq Listing Rule 5620(a), is in compliance with the continued listing requirements, and will continue to be listed on the Nasdaq Stock Market. The Company received notice from Nasdaq that after holding its 2020/2021 annual meeting of shareholders it is now in compliance with the continued listing requirements. About GWG Holdings, Inc. (GWG) GWG Holdings, Inc. (Nasdaq: GWGH) is an innovative financial services firm based in Dallas, Texas that is a leader in providing unique investment solutions and, through its passive inves

DALLAS, Dec. 20, 2021 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (NASDAQ:GWGH) today announced that it conducted a combined 2020/2021 Annual Meeting of Stockholders on Friday, December 17, 2021. During the Annual Meeting, stockholders re-elected the four directors whose terms were expiring: Peter T. Cangany, Jr., David F. Chavenson, David H. de Weese and Timothy L. Evans. That was the only business conducted at the Annual Meeting. Voting results were reported in the Current Report on Form 8-K that GWGH filed today with the SEC. Conducting the Annual Meeting completes the requirements for GWGH to continue listing on the Nasdaq Stock Market. About GWG Holdings, Inc. GWG Holdings, Inc. (Nasd

Gainers Nkarta, Inc. (NASDAQ:NKTX) shares climbed 140.9% to close at $18.72 on Monday after the company announced Phase 1 data from independent dose finding studies of its two lead chimeric antigen receptor natural killer cell therapy candidates, NKX101 and NKX019. ION Geophysical Corporation (NYSE:IO) gained 46.3% to close at $0.6880 on above-average volume. Cango Inc. (NYSE:CANG) shares rose 40.7% to close at $3.32. Cango, last month, reported worse-than-expected Q4 EPS and sales results. Rubius Therapeutics, Inc. (NASDAQ:RUBY) jumped 40.6% to settle at $1.87 on above-average volume. ERYTECH Pharma S.A. (NASDAQ:ERYP) shares gained 37.7% to close at $1.68. Erytech Pharma recently ann

Gainers GWG Hldgs (NASDAQ:GWGH) stock moved upwards by 7.4% to $3.19 during Monday's after-market session. The company's market cap stands at $66.2 million. Weidai (NYSE:WEI) stock rose 2.88% to $1.07. The company's market cap stands at $15.0 million. Lion Group Holding (NASDAQ:LGHL) stock rose 2.8% to $1.1. The market value of their outstanding shares is at $44.3 million. As per the news, the FY earnings report came out 4 days ago. Silvergate Capital (NYSE:SI) shares moved upwards by 2.59% to $131.0. At the close, Silvergate Capital's trading volume reached 120.8K shares. This is 13.9% of its average volume over the last 100 days. The market value of their outstanding shares is at $4.1

Gainers Vallon Pharmaceuticals, Inc. (NASDAQ:VLON) shares jumped 100.9% to close at $2.27 on Friday. Vallon Pharmaceuticals engaged Ladenburg Thalmann & Co Inc to evaluate strategic alternatives for the Company to maximize shareholder value. Blueknight Energy Partners, L.P. (NASDAQ:BKEP) shares gained 38.6% to close at $4.56 on Friday after the company announced it will be acquired by its general partner Ergon. Moving iMage Technologies, Inc. (NASDAQ:MITQ) gained 38.3% to close at $1.59. Moving iMage Technologies and SNDBX reported a strategic partnership for gaming and e-Sports. Cyngn Inc. (NASDAQ:CYN) gained 26.9% to settle at $2.69. Cyngn recently announced the official launch of

Gainers Cyngn Inc. (NASDAQ:CYN) shares jumped 96.3% to close at $2.12 on Thursday after the company announced the official launch of DriveMod Kit, a turnkey autonomous vehicle solution. Swvl Holdings Corp. (NASDAQ:SWVL) shares jumped 47.9% to close at $6.30 on Thursday. Revelation Biosciences, Inc. (NASDAQ:REVB) climbed 23.1% to settle at $1.28. Revelation Biosciences recently said its Phase 2b viral challenge study to evaluate the efficacy of intranasal REVTx-99a did not meet its primary endpoint. Redbox Entertainment Inc. (NASDAQ:RDBX) jumped 20.5% to settle at $3.06. Guardforce AI Co., Limited (NASDAQ:GFAI) rose 18.3% to close at $0.7727 after the company announced the rollout of i

Gainers ION Geophysical Corporation (NYSE:IO) shares surged 91.2% to settle at $0.6980 on Wednesday. ION Geophysical was awarded a five-year contract by Brunei Shell Petroleum Co. for a digital solution to manage Marine Logistics. Winc, Inc. (NYSE:WBEV) shares jumped 65.1% to close at $5.02. Winc, last month, reported better-than-expected Q4 sales results. Clarus Therapeutics Holdings, Inc. (NASDAQ:CRXT) jumped 43.5% to close at $2.08 on Wednesday after jumping around 22% on Tuesday. GWG Holdings, Inc. (NASDAQ:GWGH) surged 35.8% to close at $2.77. GWG Holdings filed voluntary Chapter 11 petitions. Borqs Technologies, Inc. (NASDAQ:BRQS) gained 31.1% to close at $0.3144. Revelation Bi

Obtains Debtor-In-Possession Financing to Facilitate Restructuring Expects Restructuring to Strengthen Financial Position and Enhance Value of its Assets DALLAS, April 20, 2022 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq GWGH) (the “Company”), a financial services firm based in Dallas, Texas, today announced that the Company and certain of its subsidiaries have filed voluntary Chapter 11 petitions (the “Chapter 11 Cases”) in the U.S. Bankruptcy Court for the Southern District of Texas (the “Court”) as part of a restructuring process intended to enable the Company to enhance its liquidity and ability to meet its financial obligations, while maximizing the value of its assets. The subsid

Gainers MedAvail Holdings, Inc. (NASDAQ:MDVL) shares surged 64.4% to close at $1.41 on Thursday. Ally Bridge Group reported a purchase of 21.176 million shares of MedAvail Holdings for an average price of $1.06 per share. Trevi Therapeutics, Inc. (NASDAQ:TRVI) gained 56.8% to close at $2.98 after the company announced a $55 million private placement priced at-the-market. Sunshine Biopharma, Inc. (NASDAQ:SBFM) climbed 53.4% to close at $9.65. Sunshine Biopharma recently announced that two of its designed mRNA molecules are effective at destroying cancer cells grown in culture. Momentus Inc. (NASDAQ:MNTS) shares climbed 48.8% to close at $4.39 as the company signed multiple launch agree

Gainers MedAvail Holdings, Inc. (NASDAQ:MDVL) jumped 57.6% to $1.3515. Ally Bridge Group reported a purchase of 21.176 million shares of MedAvail Holdings for an average price of $1.06 per share. Momentus Inc. (NASDAQ:MNTS) shares jumped 48.4% to $4.3786 as the company signed multiple launch agreements with Space Exploration Technologies Corp. (SpaceX), a Tesla CEO Elon Musk-led company. Sunshine Biopharma, Inc. (NASDAQ:SBFM) surged 37.2% to $8.63. Sunshine Biopharma recently announced that two of its designed mRNA molecules are effective at destroying cancer cells grown in culture. System1, Inc. (NYSE:SST) gained 26.5% to $25.30. The company on Monday reported Q4 and FY22 financials