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GWG Holdings, Inc. Announces Pricing of Initial Public Offering of 800,000 Shares of Common Stock

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GWG Holdings, Inc., a leader in the emerging secondary life insurance market, announced today the pricing of its registered initial public offering of its common stock at a public offering price of $12.50 per share.

The company estimates that it will sell 800,000 shares of common stock, resulting in net proceeds of approximately $9.03 million after the deduction of underwriting commissions, discounts and expense reimbursements.

In connection with this offering, the company has applied to list its common stock on the NASDAQ Capital Market under the ticker symbol “GWGH.”

The company intends to use the net proceeds from the offering to promote and advertise the opportunities for consumers owning life insurance and investors to profit from participating in the secondary market for life insurance policies, purchase additional life insurance policies in the secondary market, pay premiums on the company’s life insurance policy assets, fund its portfolio operations, and for working capital purposes. The offering is expected to close on September 24, 2014, subject to customary closing conditions.

Newport Coast Securities, Inc., Axiom Capital Management, Inc. and Newbridge Securities Corporation acted as the underwriters for the offering.

The offering is being made on a best-efforts basis made pursuant to an effective registration statement. Any offer, if at all, will be made only by means of a prospectus that is part of the effective registration statement. Prospective investors should read the registration statement and prospectus for more complete information about the company and the offering. You may obtain a copy of the prospectus relating to the offering for free by visiting www.sec.gov. Copies of the prospectus for this offering may also be obtained from: Newport Coast Securities, Inc., 180 Maiden Lane, New York, NY 10038, telephone (646) 259-4700.

This press release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Forward-Looking Statements

This press release contains contain forward-looking statements that involve significant risk and uncertainties. Forward-looking statements can be identified by the use of words like “believes,” “could,” “possibly,” “probably,” “anticipates,” “estimates,” “projects,” “expects,” “may,” “will,” “should,” “seek,” “intend,” “plan,” “expect,” or “consider” or the negative of these expressions or other variations, or by discussions of strategy that involve risks and uncertainties. All forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual transactions, results, performance or achievements to be materially different from any future transactions, results, performance or achievements expressed or implied by such forward-looking statements. The company bases its forward-looking statements on current expectations and projections about future events and the information currently available to it. Although the assumptions for these forward-looking statements are believed by the company to be reasonable, any of the assumptions could prove to be inaccurate. Consequently, no representation or warranty can be given that the estimates, opinions, or assumptions made in this press release will prove to be accurate. Actual results or outcomes, or actions that the company ultimately undertakes, could differ materially from those anticipated in the forward-looking statements due to risks, uncertainties or actual events differing from the assumptions underlying these statements. Investors should not rely on the forward-looking statements contained in, or made in connection with this presentation.

Additional risks and uncertainties relating to the company and its business can be found in the “Risk Factors” section of the company’s Registration Statement on Form S-1, as amended, and the company’s other periodic and current reports filed with the SEC, if any. The company undertakes no duty or obligation to update any forward-looking statements contained in this press release as a result of new information, future events or changes in the company’s expectations.

About GWG Holdings, Inc.

GWG and its subsidiaries are engaged in the life insurance secondary market. GWG, through its subsidiaries, provide a suite of solutions to the rapidly aging demographic of seniors who own life insurance via the secondary market. The life insurance secondary market provides consumers with options no longer need, want, or can afford their life insurance. The secondary market often provides significantly more value over the cash surrender value offered by insurance carriers. GWG’s strategy is to provide consumers the inherent value in their life insurance while at the same time financing a large, actuarially diverse portfolio of life insurance policies. For more information about GWG, email: info@gwglife.com, or visit www.gwglife.com.

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