Emergent Capital, Inc. engages in the business of owning a portfolio of life insurance policies. The firm invests primarily in life settlements, which provides liquidity for the owners of life insurance policies that face a short-term cash need or can no longer afford their insurance premiums. The company was founded on December 15, 2006 and is headquartered in Boca Raton, FL.
Company profile
Ticker
EMGC, EMGCQ
Exchange
Website
CEO
Patrick Curry
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Imperial Holdings, Inc., IMPERIAL HOLDINGS, INC., Imperial Holdings, LLC
SEC CIK
Corporate docs
Subsidiaries
Harbordale, LLC • Haverhill Receivables, LLC • Imperial Finance • Imperial Life and Annuity Services, LLC • Imperial Life Financing II, LLC • Imperial Life Financing, LLC • Imperial Life Settlements, LLC • Imperial Litigation Funding, LLC • Imperial PFC Financing II, LLC • Imperial PFC Financing, LLC ...
IRS number
300663473
EMGC stock data
Latest filings (excl ownership)
EFFECT
Notice of effectiveness
15 Apr 21
15-12B
Securities registration termination
9 Apr 21
S-8 POS
Registration of securities for employees (post-effective amendment)
9 Apr 21
POS AM
Prospectus update (post-effective amendment)
9 Apr 21
8-K
Termination of a Material Definitive Agreement
8 Apr 21
NT 10-K
Notice of late annual filing
1 Mar 21
8-K
Regulation FD Disclosure
13 Jan 21
8-K
Bankruptcy or Receivership
4 Jan 21
8-K
Bankruptcy or Receivership
28 Oct 20
8-K
Other Events
16 Oct 20
Latest ownership filings
SC 13D/A
Brennan Opportunities Fund I LP
28 Apr 21
SC 13D/A
Hua James
19 Apr 21
4
Global Value Fund Evermore
7 Apr 21
4
Change in insider ownership
7 Apr 21
SC 13D/A
Evermore Global Advisors, LLC
7 Apr 21
4
PATRICK J CURRY
24 Feb 21
4
PATRICK J CURRY
29 Jan 21
SC 13D/A
Brennan Opportunities Fund I LP
5 Nov 20
SC 13D/A
Hua James
30 Oct 20
SC 13D/A
Evermore Global Advisors, LLC
16 Oct 20
Financial summary
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Diluted EPS |
Annual (USD) | Nov 19 | Dec 17 | Dec 16 | Dec 15 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 19.05 mm | 19.05 mm | 19.05 mm | 19.05 mm | 19.05 mm | 19.05 mm |
Cash burn (monthly) | 743.33 k | (no burn) | 342.67 k | (no burn) | 1.40 mm | 908.92 k |
Cash used (since last report) | 32.57 mm | n/a | 15.02 mm | n/a | 61.25 mm | 39.83 mm |
Cash remaining | -13.52 mm | n/a | 4.04 mm | n/a | -42.19 mm | -20.78 mm |
Runway (months of cash) | -18.2 | n/a | 11.8 | n/a | -30.2 | -22.9 |
Institutional ownership, Q4 2020
13F holders | Current |
---|---|
Total holders | 0 |
Opened positions | 0 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 0.00 |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
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