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

Rhea-AI Summary

GWG Holdings (Nasdaq: GWGH) announced its combined 2020/2021 Annual Meeting of Stockholders to be held on December 17, 2021, at 10:00 a.m. CST at its Dallas office. Stockholders of record as of November 10, 2021, can vote on various proposals, including director elections. Proposals must be submitted to the company by November 25, 2021, per its bylaws. GWGH specializes in providing liquidity solutions for illiquid investments, managing a diverse portfolio valued at $1.84 billion as of June 30, 2021.

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• GWG Holdings manages a portfolio of $1.84 billion in life insurance policy benefits.
• The company's diverse asset management approach includes exposure to 120 alternative investment funds.

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• None.

DALLAS, Nov. 15, 2021 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq: GWGH) today announced that it will hold a combined 2020/2021 Annual Meeting of Stockholders on Friday, December 17, 2021, at 10:00 a.m., Central Time, at the Company’s principal executive offices located at 325 North St. Paul Street, Suite 2650, Dallas, Texas 75201. Stockholders of record on November 10, 2021, the record date for the 2020/2021 Annual Meeting, will be entitled to notice of, and to vote at, the 2020/2021 Annual Meeting or any adjournments thereof. Among other proposals, stockholders will vote upon the election of directors.

Under GWGH’s bylaws, if a stockholder wishes to propose an item of business to be considered at the 2020/2021 Annual Meeting (including director nominations), that stockholder must deliver notice of the proposal or proposed director’s name at GWGH’s principal executive offices on or before November 25, 2021. Notices of such stockholder proposals and stockholder nominations for directors are required to comply with the informational and other requirements set forth in GWGH’s bylaws as well as applicable statutes and regulations.

About GWG Holdings, Inc.

GWG Holdings, Inc. (Nasdaq: GWGH) is an innovative financial services firm based in Dallas, Texas that is a leader in providing unique liquidity solutions and services for the owners of illiquid investments. Through its subsidiaries, The Beneficient Company Group, L.P. and GWG Life, LLC, GWGH owns and manages a diverse portfolio of alternative assets that, as of June 30, 2021, included $1.84 billion in life insurance policy benefits, and exposure to a diversified and growing loan portfolio secured by 120 professionally managed alternative investment funds.

For more information about GWG Holdings, email info@gwgh.com or visit www.gwgh.com.

For more information about Beneficient, email askben@beneficient.com or visit www.trustben.com.

The information on GWG Holdings’ and Beneficient’s websites is not a part of, or incorporated by reference in, this press release.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements that involve substantial risks and uncertainties. All statements, other than statements of historical facts, included in this press release regarding our plans, strategy, future operations, future financial position, future revenue, projected costs, prospects, plans and objectives of management are forward-looking statements. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “will,” “may,” “plan,” “would,” “target” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. We may not actually achieve the expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. Actual results or events could differ materially from the expectations disclosed in the forward- looking statements that we make. We do not intend, and undertake no duty, to release publicly any updates or revisions to any forward-looking statements contained herein.

Media Contact:

Dan Callahan

Director of Communication GWG Holdings, Inc.

(612) 787-5744

dcallahan@gwgh.com

 

FAQ

When is the GWG Holdings 2020/2021 Annual Meeting?

The GWG Holdings 2020/2021 Annual Meeting will be held on December 17, 2021, at 10:00 a.m. CST.

What is the record date for voting at the GWG Holdings Annual Meeting?

The record date for voting at the GWG Holdings Annual Meeting is November 10, 2021.

What proposals will be voted on at the GWG Holdings Annual Meeting?

Stockholders will vote on various proposals, including the election of directors.

What is the deadline for submitting proposals to GWG Holdings?

Proposals must be submitted to GWG Holdings by November 25, 2021.

What is GWG Holdings' focus in financial services?

GWG Holdings provides liquidity solutions and manages a diverse portfolio of illiquid investments.