GWG Holdings, which holds a portfolio of life insurance policies worth over $250 million, announced terms for its IPO on Friday. The Minneapolis, MN-based company plans to raise $20 million by offering 1.6 million shares at a price range of $11.50 to $13.50. At...read more
GWG Holdings, which purchases and holds life insurance policies, filed on Friday with the SEC to raise up to $15 million in an initial public offering. The Minneapolis, MN-based company, which was founded in 2006 and booked $33 million in revenue for the fiscal...read more
Imperial Holdings, a specialty finance firm originating loans collateralized by life insurance policies, raised $179 million by offering 16.7 million shares at $10.75, just below the midpoint of its revised $10 to $12 range. The company originally planned to...read more
Imperial Holdings, a specialty finance firm originating loans collateralized by life insurance policies, lowered the proposed deal size for its upcoming IPO on Monday. The Boca Raton, FL-based company now plans to raise $183 million by offering 16.7 million...read more
Life insurance investor GWG Holdings sets terms for $20 million IPO
GWG Holdings, which holds a portfolio of life insurance policies worth over $250 million, announced terms for its IPO on Friday. The Minneapolis, MN-based company plans to raise $20 million by offering 1.6 million shares at a price range of $11.50 to $13.50. At...read more
Life insurance investment company GWG Holdings files for a $15 million IPO
GWG Holdings, which purchases and holds life insurance policies, filed on Friday with the SEC to raise up to $15 million in an initial public offering. The Minneapolis, MN-based company, which was founded in 2006 and booked $33 million in revenue for the fiscal...read more
Imperial Holdings prices IPO at $10.75, within its revised range
Imperial Holdings, a specialty finance firm originating loans collateralized by life insurance policies, raised $179 million by offering 16.7 million shares at $10.75, just below the midpoint of its revised $10 to $12 range. The company originally planned to...read more
Imperial Holdings cuts proposed price range for upcoming IPO
Imperial Holdings, a specialty finance firm originating loans collateralized by life insurance policies, lowered the proposed deal size for its upcoming IPO on Monday. The Boca Raton, FL-based company now plans to raise $183 million by offering 16.7 million...read more