2017 News Releases

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Chris Orestis Joins GWG Holdings as Executive Vice President of Life Insurance Secondary Markets; President Michael Freedman Leaving the Company May 15

MINNEAPOLIS, April 19, 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 that Chris Orestis, the former Chief Executive Officer of Life Care Funding, has joined the company as Executive Vice President of Life Insurance Secondary Markets. Orestis, who has twenty years of experience in the life insurance

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GWG Holdings Introduces New $150 Million Redeemable Preferred Stock 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 mont

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GWG Holdings to Present at 29th Annual ROTH Conference on March 14, 2017

MINNEAPOLIS, March 10, 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, has been invited to present at the 29th Annual ROTH Conference. The conference is being held March 12-15, 2017 at the Ritz Carlton in Dana Point, California. GWG Holdings Chairman and CEO Jon Sabes and CFO Bill Acheson will present on Tuesda

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GWG Holdings Reports Fourth Quarter and Full Year 2016 Financial Results

MINNEAPOLIS, March 08, 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, today announced its financial results for the fourth quarter and full year ended December 31, 2016. Highlights for the Three Months Ended December 31, 2016 GAAP Financial Information -- Total revenue of $16.9 million, up over 184% from

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GWG Life Becomes First Insurtech Firm to Collect Epigenetic Samples to Analyze Biomarkers of Life Insurance Policy Owners

Firm Retains Insurance Technology Consultant Tom Nodine and KPMG to Guide it in Insurtech Business Model MINNEAPOLIS, March 02, 2017 (GLOBE NEWSWIRE) -- GWG Life (Nasdaq:GWGH), a financial services company applying epigenetic technology to transform the life insurance industry, announced that it is collecting and analyzing epigenetic samples from life insurance policy owners, making it the first insurtech company to apply DNA Methylation technology to life insurance underwriting. Life insu

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GWG Holdings to Report Fourth Quarter and Full Year 2016 Financial Results

MINNEAPOLIS, Feb. 22, 2017 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (NASDAQ:GWGH) (“GWG” or “the Company”), a financial services company dedicated to transforming the life insurance industry with disruptive and innovative products and services, announced that it will release fourth quarter and full year 2016 financial results on Wednesday, March 8, 2017, before the U.S. market opens. The Company will host a conference call the same day at 4:00 pm ET to discuss these results. The conference ca

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GWG Holdings Announces Retirement of Board Chairman Paul Siegert, Election of New Director Mark Schwarzmann

MINNEAPOLIS, Feb. 21, 2017 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq:GWGH), a financial services company dedicated to transforming the life insurance industry with disruptive and innovative products and services, announced that co-founder and Board Chairman Paul Siegert is retiring from the company and its Board of Directors. Effective immediately, co-founder and Chief Executive Officer Jon Sabes will serve as Chairman of the company’s Board of Directors. In addition, the company annou

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GWG Holdings Announces Special Cash Dividend

MINNEAPOLIS, Feb. 09, 2017 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq:GWGH), a financial services company committed to transforming the life insurance industry, announced that its board of directors has approved the payment of a special cash dividend of $2.50 per share to holders of its Redeemable Preferred Stock (RPS).  The dividend will be paid on April 14, 2017 to stockholders of record at the close of business on April 5, 2017. CEO Jon Sabes said, “We are offering this special divi

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Expert on Aging Dr. Brian Chen Joins GWG Holdings to Lead Development of Epigenetic Mortality Prediction Technology for Firm’s Life Insurance Products and Services

MINNEAPOLIS, Jan. 26, 2017 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq:GWGH), a financial services company applying epigenetic technology to transform the life insurance industry, announced it has hired Dr. Brian Chen to lead its new initiative to measure and predict human lifespan.  As Vice President of Research and Analytics, Dr. Chen will be responsible for developing and implementing GWG’s new life insurance underwriting process using “DNA Methylation-Based Predictor of Mortality” te

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