News Releases

NEWS RELEASES

GWG Holdings and The Beneficient Company Complete Their Transaction
MINNEAPOLIS , Dec. 28, 2018 (GLOBE NEWSWIRE) -- GWG Holdings , Inc. (Nasdaq: GWGH ) reported today that it has completed its strategic transaction with The Beneficient Company Group, L.P. (BEN) and other parties. As a result of the final closing, GWGH holds 40,505,279 common units of BEN and a $193
GWG Holdings Endorses Federal Legislation Allowing Seniors to Use Life Insurance Proceeds for Long-Term Care Costs Tax-Free
Potential Law Would Save Billions for Taxpayers, Improve Quality of Life for Millions of Seniors Minneapolis, Dec. 13, 2018 (GLOBE NEWSWIRE) -- GWG Holdings (NASDAQ:GWGH) announced its endorsement of a new piece of federal legislation that, for the first time, would enable seniors to sell life
GWG Holdings Clears Final Regulatory Hurdle for Transaction with The Beneficient Company
MINNEAPOLIS , Dec. 06, 2018 (GLOBE NEWSWIRE) -- GWG Holdings , Inc. (Nasdaq: GWGH ) announced today that it has received clearance from the Securities and Exchange Commission ( SEC ) to file with the SEC and mail to its stockholders a definitive Information Statement on Schedule 14C relating to its
GWG Holdings Reports Results for the Third Quarter Ended September 30, 2018
GWGH Announces share repurchase program MINNEAPOLIS , Nov. 19, 2018 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq:GWGH), a leading provider of liquidity to consumers owning life insurance policies, an owner of a portfolio of alternative assets, and the developer of epigenetic technology for the
GWG Holdings Reschedules Third Quarter 2018 Filing, Earnings Release and Webcast
MINNEAPOLIS , Nov. 14, 2018 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq: GWGH), a leading provider of liquidity to consumers owning life insurance policies, an owner of a portfolio of alternative assets, and the developer of epigenetic technology for the life insurance industry, announced that
GWG Holdings Announces New Date for Third Quarter 2018 Earnings Release and Webcast
MINNEAPOLIS , Nov. 12, 2018 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq:GWGH), a leading provider of liquidity to consumers owning life insurance policies, an owner of a portfolio of alternative assets, and the developer of epigenetic technology for the life insurance industry, announced that
GWG Holdings to Report Third Quarter 2018 Financial Results on November 13, 2018
MINNEAPOLIS , Oct. 30, 2018 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq:GWGH), the parent company of GWG Life, Life Epigenetics and YouSurance, subsidiaries that are transforming the alternative asset and life insurance industries through innovative products and services, announced that it will
Jon Sabes, CEO of YouSurance, Presented at Plug and Play Event about Insurtech and Health Data
MINNEAPOLIS, Oct. 18, 2018 (GLOBE NEWSWIRE) -- YouSurance , an insurtech company working to apply epigenetic signatures to assess life insurance applicants’ health and lifespan, announced that its chief executive officer, Jon Sabes, presented at the event about health data and insurance sponsored
YouSurance is First to Assess Health and Lifespan Using Epigenetic Biomarkers for Life Insurance Applicants
MINNEAPOLIS, Oct. 02, 2018 (GLOBE NEWSWIRE) -- YouSurance, a digital managing general agency (MGA), is the first company to use epigenetic biomarkers to assess life insurance applicants’ health and lifespan. YouSurance’s patent pending process of predicting biological aging and all-cause mortality
Brian Bailey Joins GWG Holdings as Chief Investment Officer; Craig Opp Named Company’s General Counsel
Minneapolis, Aug. 23, 2018 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq: GWGH), a financial services company transforming the life insurance industry through disruptive and innovative products and services, announced that Brian Bailey has joined the company as its Chief Investment Officer.
GWG Holdings Reports Results for Second Quarter Ended June 30, 2018
Completes Initial Closing with The Beneficient Company Group Receives $50 Million Investment Declares Special Cash Dividend of $4.30 per Common Share MINNEAPOLIS , Aug. 14, 2018 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq: GWGH), a financial services company transforming the life insurance
GWG Holdings Completes Initial Closing of $695 Million Strategic Transaction with The Beneficient Company
Initial Closing includes $50 Million Investment in GWGH Preferred Stock Highlights of the Transaction : The $695 million strategic transaction, structured as a two-part closing, is a transformative transaction for GWG Holdings, Inc. (GWGH). The initial closing of the transaction exchanged $453
GWG Holdings Announces New Date for Second Quarter 2018 Earnings Release and Webcast/Conference Call
MINNEAPOLIS , Aug. 08, 2018 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq:GWGH), the parent company of GWG Life, a financial services company transforming the life insurance industry through disruptive and innovative products and services, announced that its second quarter 2018 financial results
GWG Life Partners with Amada Senior Care to Help Seniors Find Resources in Retirement
MINNEAPOLIS, Aug. 02, 2018 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq:GWGH), the parent company of GWG Life, announced it is partnering with the senior care franchise system Amada Senior Care. This new partnership will give Amada’s clients access to GWG Holdings’ LifeCare Xchange
GWG Holdings to Report Second Quarter 2018 Financial Results
MINNEAPOLIS , July 30, 2018 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq:GWGH), the parent company of GWG Life, a financial services company transforming the life insurance industry through disruptive and innovative products and services, announced that it will release its second quarter 2018
GWG Holdings Reaches Key Milestone of More Than 1,000 Policies in its Life Insurance Portfolio
MINNEAPOLIS , July 19, 2018 (GLOBE NEWSWIRE) -- GWG Holdings , Inc. (Nasdaq:GWGH), the parent company of GWG Life, a financial services company that is transforming the life insurance industry through disruptive and innovative products and services, announced its portfolio exceeded 1,000 life
GWG Holdings and The Beneficient Company Extend Master Exchange Agreement with the Expectation of an Initial Closing of Their Strategic Transaction
MINNEAPOLIS , June 29, 2018 (GLOBE NEWSWIRE) -- GWG Holdings , Inc. (Nasdaq:GWGH) today reported that it has agreed with The Beneficient Company Group, L.P. (“BEN”) and other parties to amend their Master Exchange Agreement, as previously amended on April 30, 2018 , to extend the Closing Conditions
Life Epigenetics Forms Advisory Board of Experts in Science, Technology, and Insurance to Guide the Growth of the Company
Minneapolis, June 05, 2018 (GLOBE NEWSWIRE) -- Life Epigenetics, the insurtech subsidiary of GWG Holdings, Inc. (Nasdaq: GWGH ), announced it has formed an Advisory Board that includes experts in machine learning, artificial intelligence, epidemiology, aging, insurance regulation, and actuarial
GWG Holdings Announces Election of New Board Member Thomas J. Donohue, Jr., Retirement of Board Member C.H. Maguire
MINNEAPOLIS, May 23, 2018 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq:GWGH), a financial services company committed to transforming the life insurance industry through disruptive and innovative products and services, announced the election of Thomas J. Donohue, Jr.
GWG Holdings Reports Results For First Quarter Ended March 31, 2018
MINNEAPOLIS , May 11, 2018 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq:GWGH), a financial services company committed to transforming the life insurance industry through innovative products and services, today announced its financial and operating results for the first quarter ended March 31,
The Sabes Fund for Genomics and Life Epigenetics Announce 2018 Winners of GenoPitch Grants to University of Minnesota Researchers
Winning Projects Study Skull-Expanding Electric Fish in the Amazon River and Ways to Stop the Spread of Antibiotic-Resistant Superbugs MINNEAPOLIS, May 10, 2018 (GLOBE NEWSWIRE) -- The Sabes Fund for Genomics in partnership with Life Epigenetics, the insurtech subsidiary of GWG Holdings,
GWG Holdings to Report First Quarter 2018 Financial Results
MINNEAPOLIS , April 30, 2018 (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 it will release its first
GWG Holdings Reports Results for Fourth Quarter and Full Year 2017
MINNEAPOLIS , March 29, 2018 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq:GWGH), a financial services company committed to transforming the life insurance industry through disruptive and innovative products and services, today announced its financial and operating results for the fourth quarter
GWG Holdings to Report 2017 Financial Results
MINNEAPOLIS , March 15, 2018 (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 it will release fourth
Consumers Say They Would Submit a Saliva Sample to Get a Better Price for Life Insurance, Survey Finds
MINNEAPOLIS, Feb. 28, 2018 (GLOBE NEWSWIRE) -- Consumers are ready to submit a saliva sample if it meant they could obtain a better price for their life insurance or even just to streamline the process of applying for an insurance product. Insurance customers would provide saliva for better price -
GWG Holdings to Partner with The Beneficient Company Group In a Strategic Transaction Valued at Up to $800 Million Including a $150 Million Cash Investment in GWG Holdings
Transaction and Partnership Highlights The transaction brings together GWG Holdings (GWGH), a leading innovator in the life insurance industry, and The Beneficient Company Group, L.P. (BEN), designed to be one of the most innovative service and liquidity providers in the rapidly expanding
Artificial Intelligence and Machine Learning Expert Dr. Randal S. Olson Joins GWG Holdings’ Insurtech Subsidiary Life Epigenetics as Lead Data Scientist
Minneapolis, Jan. 11, 2018 (GLOBE NEWSWIRE) -- Life Epigenetics, the insurtech subsidiary of GWG Holdings, Inc. (Nasdaq: GWGH ), announced that Dr. Randal S. Olson has joined the firm as its Lead Data Scientist.  Dr. Olson will bring machine learning, artificial intelligence and advanced data