EMGC - Emergent Capital, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.2050
+0.0050 (+2.50%)
As of 10:05AM EST. Market open.
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Previous Close0.2000
Open0.2050
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.2050 - 0.2050
52 Week Range0.0300 - 0.3500
Volume46,000
Avg. Volume70,281
Market Cap32M
Beta (3Y Monthly)-0.74
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
All
News
Press Releases
  • ACCESSWIRE

    Emergent Capital, Inc. Announces Third Quarter 2019 Results

    Company consummates transaction with a strong, like-minded partner to reduce outstanding debt and exit bankruptcy BOCA RATON, FL / ACCESSWIRE / October 9, 2019 / Emergent Capital, Inc. (OTCQX:EMGC) ("Emergent" ...

  • ACCESSWIRE

    Emergent Capital Closes New Arrangement

    BOCA RATON, FL / ACCESSWIRE / August 19, 2019 / Emergent Capital, Inc. (EMGC) ("Emergent" or the "Company"), today announced that on August 16, 2019, Emergent and certain of its subsidiaries, including White Eagle Asset Portfolio, LP (“White Eagle”), closed a financing transaction pursuant to which it will partner with Palomino JV, LP (“Palomino”) in the ownership of its portfolio of life settlement policies and will exit its former credit facility with Beal Bank. On August 16, 2019, Emergent and certain of its subsidiaries entered into a subscription agreement with Palomino, in connection with the previously announced commitment letter with Jade Mountain Partners pursuant to which White Eagle will sell to Palomino 72.5% of its limited partnership interests.

  • ACCESSWIRE

    Emergent Capital Announces Financing Commitment for Bankruptcy Exit

    BOCA RATON, FL / ACCESSWIRE / July 24, 2019 / Emergent Capital, Inc. (EMGC) ("Emergent" or the "Company"), today announced that on July 18, 2019, Emergent and its subsidiaries, including White Eagle Asset Portfolio, LP, entered into a binding commitment with Jade Mountain Partners in connection with the Plan of Reorganization of Emergent’s subsidiaries previously approved by the United States Bankruptcy Court for the District of Delaware. The commitment letter provides for a transaction in which Jade Mountain and/or certain of its affiliates and/or certain investors will acquire 72.5% of the equity interests of White Eagle, the owner of substantially all of the Company’s portfolio of life insurance policies, in exchange for $384,250,000 as may be adjusted in accordance with the final documentation.

  • ACCESSWIRE

    Emergent Capital, Inc. Announces Second Quarter 2019 Results

    BOCA RATON, FL / ACCESSWIRE / July 10, 2019 / Emergent Capital, Inc. (OTCQX: EMGC) ("Emergent" or the "Company"), today announced its financial results for the three and six months ...

  • ACCESSWIRE

    Emergent Capital Announces Global Settlement Agreement in Principle in Bankruptcies and Suit Against Beal Bank Subsidiary

    BOCA RATON, FL / ACCESSWIRE / May 8, 2019 / Emergent Capital, Inc. (EMGC) ("Emergent" or the "Company"), today announced that on May 7, 2019, Emergent and its subsidiaries reached a global settlement in principle of the Chapter 11 cases of certain of its subsidiaries and the suit it filed against LNV Corporation, Silver Point Capital L.P. and GWG Holdings, Inc in United States Bankruptcy Court for the District of Delaware. LNV is a subsidiary of Beal Bank and is the lender under White Eagle's current credit facility. Pat Curry, Emergent Capital's Chairman and Chief Executive Officer, commented, ''We are pleased to have reached a settlement in principle.

  • ACCESSWIRE

    Emergent Capital, Inc. Announces First Quarter 2019 Results

    BOCA RATON, FL / ACCESSWIRE / April 10, 2019 / Emergent Capital, Inc. (OTCQX: EMGC) (''Emergent'' or the ''Company''), today announced its financial results for the three months ended February 28, 2019 ...

  • ACCESSWIRE

    Emergent Capital, Inc. Announces Fourth Quarter 2018 Results

    Company to Host Investor Conference Call on Tuesday March 19, 2019 at 4:30 p.m. Eastern Time BOCA RATON, FL / ACCESSWIRE / March 15, 2019 / Emergent Capital, Inc. (OTCQX: EMGC) ("Emergent" or ...

  • ACCESSWIRE

    Emergent Capital Files Suit Against Beal Bank Subsidiary

    BOCA RATON, FL / ACCESSWIRE / January 29, 2019 / Emergent Capital, Inc. (EMGC) ("Emergent" or the "Company"), today announced that on January 25, 2019, Emergent and certain of its subsidiaries filed a complaint in United States Bankruptcy Court for the District of Delaware against LNV Corporation, Silver Point Capital L.P. and GWG Holdings, Inc. The suit will be administered together with the previously filed and announced petitions for relief under Chapter 11 of the United States Bankruptcy Code of White Eagle Asset Portfolio, LP ("White Eagle"), Lamington Road Designated Activity Company (f/k/a Lamington Road Limited) ("Lamington") and White Eagle General Partner, LLC ("WEGP"). LNV, a subsidiary of Beal Bank, is the lender under White Eagle's outstanding revolving credit facility (the "Credit Facility").