GWG Holdings, Inc.

GWG Holdings, Inc.

GWGH
GWG Holdings, Inc.US flagNASDAQ Capital Market
2.89
USD
- -
- -
GWG Holdings, Inc.
GWGH
(NASDAQ Capital Market)

Recent

price

2.89

P/E

ratio

- -

div

yld

- -

ROIC.AI

No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Revenue

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Earnings Per Share

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Dividends Per Share

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available
Business
GWG Holdings, Inc. (Nasdaq: GWGH) operates as a financial services holding company focused on providing liquidity solutions for owners of illiquid alternative assets, including life insurance policies purchased in the secondary market; it maintains a portfolio of such policies through its Secondary Life Insurance segment and supports operations via its Beneficient segment, which encompasses trust services, liquidity products for alternative assets and illiquid investment funds targeting mid-to-high-net-worth individuals, holding company financing, and an equity investment in FOXO Technologies Inc. The company offers services through subsidiaries like GWG Life, LLC, including policy monetization at discounts to face value via financial advisors, agents, and direct policy owners; it also provides structured settlements, viatical settlements, merchant cash advances, asset securitization, and a distribution platform linking approximately 145 independent broker-dealers and 5,000 financial advisors; additionally, GWG develops epigenetic technology for the life insurance industry. Founded in 2006 and headquartered in Dallas, Texas, GWG conducts operations primarily in North America with reach into Asia, Western Europe, Latin America, South America, and internationally. In recent major developments, GWG filed for bankruptcy in April 2022, leading to the creation of the GWG Wind Down Trust to liquidate non-litigation assets and manage distributions to stakeholders; the Trust has sold nearly all tangible assets, secured settlements including a preliminarily approved $50.5 million D&O insurance payout pending final hearing in January 2026, and continues litigation efforts amid former CEO indictments for securities fraud; L Bondholders face estimated recoveries of 2.7% to 3.45% with payouts not expected before 2026.

Company News

APIChat
  • Iorio Law PLLC Files Nearly $2 Million FINRA Arbitration Claim Over Sale of GWG L Bonds; DOJ Indictment of Former GWG CEO Underscores Investor Concerns

  • Altamirano PLLC Examines Latest GWG Holdings Developments and Investor Recovery Options

  • GWG Holdings Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)

  • GWG Holdings Announces Combined 2020/2021 Annual Meeting of Stockholders To Be Rescheduled

  • GWG Holdings Announces Receipt of Notice from Nasdaq Regarding Potential Delisting

  • GWG Holdings Announces Adjournment of Combined 2020/2021 Annual Meeting of Stockholders

  • GWG Holdings Announces Adjournment of Combined 2020/2021 Annual Meeting of Stockholders

  • GWG Holdings Receives Nasdaq Notification of Non-Compliance With Listing Rule 5250(c)(1)

  • GWG Holdings Receives Nasdaq Notification of Non-Compliance With Listing Rule 5250(c)(1)

  • Insurance Stock Gainers And Losers In Tuesdays Premarket Session

  • GWG Holdings Announces Record and Meeting Dates for Combined 2020/2021 Annual Meeting

  • GWG's (GWGH) CEO Murray Holland on Q3 2020 Results - Earnings Call Transcript

  • GWG Holdings, Inc. Reports Results for the Third Quarter Ended September 30, 2020

  • GWG Holdings to Report Third Quarter 2020 Financial Results

  • GWG Holdings Adds Two New Members to its Board of Directors

  • GWG Holdings, Inc. (GWGH) CEO Murray Holland on Q2 2020 Results - Earnings Call Transcript

  • General Electric: Black Swans Are Falling From The Sky

  • GWG (NASDAQ:GWGH) Share Price Passes Below 50 Day Moving Average of $9.12

  • Canadian Blockchain-Energised Company VitalHub Announces Deployment of COVID-19 Electronic Screening Tool for Long Term Care – Blockchain News, Opinion and Jobs

  • Earnings Scheduled For March 31, 2020