HOLMDEL, N.J., May 29, 2018 /PRNewswire/ -- ZAIS Group
Holdings, Inc. (NASDAQ: ZAIS) ("ZAIS" or the "Company") today
announced that on May 29, 2018, the
Company filed a Form 15 with the Securities and Exchange Commission
("SEC") to deregister the Company's Class A common stock ("Class A
Common Stock") under Section 12(g) of the Securities Exchange Act
of 1934, as amended (the "Exchange Act"), and to to suspend its
reporting obligations under Section 15(d) of the Exchange
Act. Upon the filing of the Form 15 with the SEC, the
Company's obligations to file certain periodic reports, including
Forms 10-K, 10-Q and 8-K, were immediately suspended.
ABOUT ZAIS GROUP HOLDINGS, INC.
ZAIS is the managing member of, ZAIS Group Parent, LLC ("ZGP").
ZGP is the sole member of ZAIS Group, LLC ("ZAIS Group"), an
investment advisory and asset management firm focused on
specialized credit strategies with approximately $4.793 billion of assets under management as of
March 31, 2018. Based in
Holmdel, New Jersey with
operations in London, ZAIS Group
employs professionals across investment management, client
relations, information technology, analytics, finance, law,
compliance, risk management and operations. To learn more,
visit www.zaisgroupholdings.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING
STATEMENTS
This press release contains statements that constitute
"forward-looking statements," as such term is defined in Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended, and such
statements are intended to be covered by the safe harbor provided
by the same. These statements are generally identified by the
use of words such as "outlook," "believe," "expect," "potential,"
"continue," "may," "will," "should," "could," "would," "seek,"
"approximately," "predict," "intend," "plan," "estimate,"
"anticipate," "opportunity," "pipeline," "comfortable," "assume,"
"remain," "maintain," "sustain," "achieve" or the negative version
of those words or other comparable words. These
statements are based on management's current expectations and
beliefs and are subject to a number of trends and uncertainties
that could cause actual results to differ materially from those
described in the forward-looking statements. Risks, uncertainties
and other factors include, but are not limited to, those set forth
in the Risk Factors section of the Company's Annual Report on Form
10-K and other reports filed by the Company with the SEC, copies of
which are available on the SEC's website, www.sec.gov.
Consider those factors carefully in evaluating the forward-looking
statements. The Company undertakes no obligation to update these
statements for revisions or changes after the date of this release,
except as required by law.
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SOURCE ZAIS Group Holdings, Inc.