Liquid Holdings Group Announces Exercise of Over-Allotment Option

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NEW YORK, May 27, 2014 (GLOBE NEWSWIRE) -- Liquid Holdings Group, Inc. (Nasdaq:LIQD), a provider of a single real-time platform that integrates order, execution, and risk management with reporting and shadow NAV in the cloud for the financial services community, today announced that the underwriters for its recent public offering of common stock partially exercised their over-allotment option and purchased an additional 2,945,000 shares of its common stock. The additional shares were sold at the public offering price of $1.25 per share, before underwriting discounts. The closing of the sale of these additional shares occurred on May 27, 2014, bringing the total number of shares sold by Liquid in the public offering to 34,945,000 shares. Total net proceeds to the company, after deducting the underwriting discount and estimated offering expenses, are expected to be approximately $39.4 million.

JMP Securities LLC acted as bookrunning manager for the offering and Craig-Hallum Capital Group LLC and Sandler O'Neill + Partners, L.P. acted as co-managers.

This offering was made pursuant to an effective registration statement filed with the U.S. Securities and Exchange Commission (the "SEC"). A final prospectus describing the terms of the offering has been filed with the SEC. Copies of the final prospectus relating to this offering may be obtained by contacting JMP Securities LLC at 600 Montgomery Street, Suite 1100, San Francisco, CA 94111 or by email at ccornell@jmpsecurities.com or by phone at (415) 835-8985.

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any offer or sale of these securities, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.

About Liquid Holdings Group

Liquid Holdings Group, Inc. (Nasdaq:LIQD) is a cloud-based technology and managed services provider to the global hedge fund and active trading markets. Liquid's solutions are delivered efficiently and securely through the cloud in a SaaS model. The Liquid platform was purpose built to manage the entire trade lifecycle by seamlessly integrating multi-currency, multi-asset trade order management and execution with real-time risk, portfolio management and shadow account reporting through a single solution. The company offers the Liquid platform or any of its components on a subscription basis to hedge fund managers, asset managers, family offices and financial institutions worldwide. Headquartered in New York City, Liquid Holdings Group was formed in 2012.


CONTACT: Investor Relations: Monica Gould The Blueshirt Group +1 212 871-3927 monica@blueshirtgroup.com Media Relations: Kim Hughes The Blueshirt Group +1 415 516-6187 kim@blueshirtgroup.com

Source:Liquid Holdings Group, Inc.