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Published on 1/26/2016 in the Prospect News PIPE Daily.

IEG Holdings settles $18,500 private placement of common stock

Company sells 3,700 common shares at $5.00 per share in offering

By Wendy Van Sickle

Columbus, Ohio, Jan. 26 – IEG Holdings Corp. completed an $18,500 private placement of stock on Jan. 22, according to an 8-K filed Tuesday with the Securities and Exchange Commission.

The company sold 3,700 shares at $5.00 apiece, which is equal to the closing share price on Jan. 25.

The consumer finance company is based in Las Vegas.

Issuer:IEG Holdings Corp.
Issue:Common stock
Amount:$18,500
Shares:3,700
Price:$5.00
Warrants:No
Settlement date:Jan. 22
Stock symbol:OTCBB: IEGH
Stock price:$5.00 at Jan. 25
Market capitalization:$137.4 million

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