Business NewsMarketWire • IEG Holdings Corporation Launches Offering to Raise up to $5M in Equity

IEG Holdings Corporation Launches Offering to Raise up to $5M in Equity

IEG Holdings Corporation Launches Offering to Raise up to $5M in Equity

LAS VEGAS, NV--(Marketwired - March 10, 2016) - IEG Holdings Corporation (OTCQX: IEGH), a provider of online unsecured consumer loans, today announced that the registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission (the "SEC") on January 25, 2016, as amended on February 22, 2016 and March 3, 2016 (as amended, the "Form S-1"), related to the Company's direct public offering of 1,000,000 shares of its common stock at an offering price of $5.00 per share, was declared effective by the SEC. If all of the shares being offered pursuant to the Form S-1 are sold, the Company would receive an aggregate of $5 million.

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