IEG registers $23.13 million of common stock for public sale of units

Bookrunner Aegis offers units of one share and one five-year warrant

By Devika Patel

Knoxville, Tenn., Sept. 17 – IEG Holdings Corp. will price a public offering of units with a 30-day greenshoe, according to a Form S-1 filed Thursday with the Securities and Exchange Commission. The company has registered up to $23,125,000 of stock.

The units will each consist of one common share and one five-year warrant.

Aegis Capital Corp. is the bookrunner.

Proceeds will be used for loan originations and general corporate purposes.

The consumer finance company is based in Las Vegas.

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