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GWGHQ News

GWG Holdings prices best efforts IPO at the $12.50 midpoint

GWG Holdings, which purchases life insurance policies from consumers, raised up to $10 million in a best efforts offering of 0.8 million shares at $12.50, the midpoint of the range of $11.50 to $13.50. GWG Holdings plans to list on the NASDAQ under the symbol...read more

2 US IPOs planned for the week of Aug 18

Only two IPOs are expected to begin trading this week, both holdovers from last week that had originally been on the calendar for the week of August 4. The IPO market has begun its annual late-August hiatus, as ...read more

GWG Holdings drops proposed IPO deal size to $13 million, replaces underwriter

GWG Holdings, which holds a portfolio of life insurance policies worth over $250 million, lowered the proposed deal size for its upcoming IPO on Friday and replaced its sole bookrunner. The Minneapolis, MN-based company now plans to raise $12.5 million by...read more

4 US IPOs planned for the week of Aug 11

There are four initial public offerings on the calendar this week as the IPO market slows down during an annual three-week pause. Turbulence in broader indices has pressured IPOs; about one third of expected IPOs were delayed or postponed in each of the past two...read more