0000000000-18-008340.txt : 20190228 0000000000-18-008340.hdr.sgml : 20190228 20180319110250 ACCESSION NUMBER: 0000000000-18-008340 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20180319 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: GWG Holdings, Inc. CENTRAL INDEX KEY: 0001522690 STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 220 SOUTH SIXTH STREET STREET 2: SUITE 1200 CITY: MINNEAPOLIS STATE: MN ZIP: 55402 BUSINESS PHONE: 877-494-2388 MAIL ADDRESS: STREET 1: 220 SOUTH SIXTH STREET STREET 2: SUITE 1200 CITY: MINNEAPOLIS STATE: MN ZIP: 55402 PUBLIC REFERENCE ACCESSION NUMBER: 0001213900-18-001506 LETTER 1 filename1.pdf begin 644 filename1.pdf M)5!$1BTQ+C4-)>+CS],-"CD@,"!O8FH-/#PO3&EN96%R:7IE9" Q+TP@,S,U M,#8O3R Q,2]%(#(X,3DT+TX@,B]4(#,S,C Y+T@@6R T-34@,30X73X^#65N M9&]B:@T@(" @(" @(" @(" @(" @(" @#0HQ-B P(&]B:@T\/"]$96-O9&50 M87)M7!E+UA2968O5ULQ(#(@,5T^/G-T%LP(# @-C$R(#7!E+U!A9V4^/@UE;F1O8FH- M,3(@,"!O8FH-/#PO1FEL=&5R+T9L871E1&5C;V1E+T9I(8P\<%\)Q'$*XCC M):0E?!#E(X%/$FX6-XOGQ?G= O>6$86[;.'#&;Z+?_Q\9S?-#X7?/?7Z*60>BOSTLP63?"SWT+7 P=! 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M1U!,+79E&UP34TZ26YS M=&%N8V5)1#YU=6ED.C@W8C8W.3AD+64X,6(M-#8T9BUA,S%C+6%D961E83!E M8SAD-#PO>&UP34TZ26YS=&%N8V5)1#X*(" @(" @/"]R9&8Z1&5S8W)I<'1I M;VX^"B @(#PO; &0,2JYD&"1R[4+H #B?ZI?M3/VNZ^826]QH?]&*1%WH1>P8 X"Y$,:G54;/B4.2LX?EV7[MWM--R MT@CAZYYNR$LS##@2JY$(KF4@ M.2]4>7!E+UA2968O5ULQ(#(@,%T^/G-T TEXT-EXTRACT 2 filename2.txt March 16, 2018 William B. Acheson Chief Financial Officer GWG Holdings, Inc. 220 South Sixth Street, Suite 1200 Minneapolis, MN 55402 Re: GWG Holdings, Inc. Preliminary Information Statement on Schedule 14C Filed February 9, 2018 File No. 001-36615 Dear Mr. Acheson: We have reviewed your March 8, 2018 response to our comment letter and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response. After reviewing your response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our March 2, 2018 letter. Preliminary Information Statement on Schedule 14C General 1. We note your response to prior comment 2 that stockholders are not being asked to act upon matters to be taken in the transaction and reissue the comment. We believe this information needs to be provided regardless of the fact that holders of the Company's common stock are not being asked to take any action and we also believe this information is material to a shareholder's understanding of the corporate actions disclosed in the information statement. 2. We note your response to prior comment 1 that you do not believe the Company is acquiring Beneficient. Please tell us how you will account for the transaction with William B. Acheson GWG Holdings, Inc. March 16, 2018 Page 2 Beneficient. We note your statements in the press release dated January 18, 2018 that this is a transformative transaction that is expected to diversify the Company's balance sheet, income statement and cash flow sources, and that the transaction stands to potentially double the Company's assets to over $1.6 billion. As part of your response, please cite relevant authoritative accounting guidance that supports the basis for your conclusions. Please contact Chris Edwards at (202) 551-6761 or Mary Beth Breslin at (202) 551-3625 with any other questions. FirstName LastNameWilliam B. Acheson Division of Corporation Finance Comapany NameGWG Holdings, Inc. Office of Healthcare & Insurance June 16, 2017 Page 2 cc: Jacky Junek FirstName LastName