GWG Holdings Receives Nasdaq Notification of Non-Compliance with Listing Rule 5250(c)(1)
GWG Holdings, Inc. (Nasdaq: GWGH) announced receiving a letter from Nasdaq's Listing Qualifications Department regarding non-compliance with Listing Rule 5250(c)(1) due to the late filing of its Quarterly Report on Form 10-Q for the period ended June 30, 2021.
This letter does not immediately affect the listing or trading of GWGH's common stock on the Nasdaq Capital Market.
GWGH, based in Dallas, manages a portfolio that includes $1.9 billion in life insurance policy benefits and a growing loan portfolio secured by alternative investment funds.
- No immediate effect on listing or trading of GWGH's stock.
- Non-compliance with Nasdaq Listing Rule 5250(c)(1) due to late filing of Form 10-Q.
DALLAS, Aug. 24, 2021 (GLOBE NEWSWIRE) -- GWG Holdings, Inc. (Nasdaq: GWGH) today announced that it received a letter (the Letter) from the Listing Qualifications Department of the Nasdaq Stock Market (Nasdaq) notifying the company that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Quarterly Report on Form 10-Q for the period ended June 30, 2021 (the Form 10-Q).
The Letter has no immediate effect on the listing or trading of GWGH’s common stock on the Nasdaq Capital Market.
About GWG Holdings, Inc. (GWG)
GWG Holdings, Inc. (Nasdaq: GWGH) is an innovative financial services firm based in Dallas that is a leader in providing investors with secondary market solutions. 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 September 30, 2020, includes
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Contact:
For GWG Holdings
Dan Callahan
(612) 746-1935
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