Midwest Holding Inc. (NASDAQ: MDWT) has announced a conference call scheduled for March 15, 2021, at 5:30 p.m. ET to discuss its financial and operating results for Q4 and the fiscal year 2020. The company will release these results on its investor relations website after market close on the same day. As a growing technology-enabled platform, Midwest focuses on designing and distributing annuity products to a demographic of U.S. retirees, managing them through reinsurance arrangements.
Midwest Holding Inc. (NASDAQ: MDWT) announced the completion of its public offering, selling 1,000,000 shares at $70.00 each, totaling approximately $65.1 million in net proceeds after underwriting costs. These funds will be directed towards enhancing the growth of its insurance subsidiary, American Life & Security Corp., and for general corporate purposes. Piper Sandler & Co. was the lead underwriter. The offering was made under a previously filed registration statement with the SEC, with further details available through the SEC's website.