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Midwest Holding Inc. - MDWT STOCK NEWS

Welcome to our dedicated news page for Midwest Holding (Ticker: MDWT), a resource for investors and traders seeking the latest updates and insights on Midwest Holding.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Midwest Holding's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Midwest Holding's position in the market.

Rhea-AI Summary
Midwest Holding Inc. (NASDAQ: MDWT) has been acquired by Antarctica Capital, marking a new chapter for the company. The acquisition was completed with Midwest shareholders receiving $27.00 in cash per share of common stock. Midwest will be integrated into Antarctica's retirement services business, leveraging their expertise and resources for further growth.
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Midwest Holding Inc. (NASDAQ: MDWT) receives approval for acquisition by Antarctica Capital, marking a significant development for the technology-driven life and annuity platform.
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Midwest Holding Inc. (NASDAQ: MDWT) Announces Q3 2023 Financial Results, Reports $0.4M GAAP Net Income, and $16.4M Total Revenue. Annuity direct written premium and ceded premiums on the rise. Entered into a merger agreement with Antarctica Capital, LLC for a $100M all-cash transaction.
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American Life & Security Corp., a subsidiary of Midwest Holding Inc., has launched a new annuity product called American Fusion. It combines the features of a Multi-Year Guaranteed Annuity (MYGA) and a Fixed Index Annuity (FIA), creating a new category called the Multi-Year Guaranteed Index Annuity (MYGIA). The 5-year contract offers a 4% guaranteed compounding interest rate and a 14% Bonus Interest Credit if the S&P 500® Index reaches a defined performance threshold of 25% at the end of the term. The 5-Year S&P 500® 25% performance threshold has been triggered over 75% of the time in the past 40 years. American Fusion provides a guaranteed rate for 5 years and the potential to participate in market growth without downside exposure.
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Midwest Holding Inc. (NASDAQ: MDWT) Shareholders Approve Acquisition by Antarctica Capital at $27.00 Per Share
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Midwest Holding Inc.

Nasdaq:MDWT

MDWT Rankings

MDWT Stock Data

101.07M
2.17M
25.17%
41.57%
0.41%
Direct Life Insurance Carriers
Finance and Insurance
Link
US
Lincoln

About MDWT

the insurance industry is archaic; midwest is here to help. we are a unique cross disciplinary team of insurance, technology and investment professionals building innovative businesses at the intersection of insurance and technology. our mission is to advance the insurance value chain with technology and services that reduce cost, increase value, and provide a better experience for our partners and customers.