Signature Group Holdings Files Shelf Registration Statement

SHERMAN OAKS, Calif., Sept. 6, 2013 /PRNewswire/ -- Signature Group Holdings, Inc. (OTCQX: SGGH) today announced that it has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC). The shelf registration statement, when declared effective by the SEC, will allow the Company to raise up to $300 million in the aggregate through the sale of securities, which may consist of common stock, preferred stock, debt securities, warrants, and subscription rights, through one or more means of distribution and in one or more offerings. 

"Filing this shelf registration will facilitate the growth we foresee in the Company," said Craig Bouchard, Chairman and Chief Executive Officer.   

The Company has no current commitments or intentions to offer or sell securities under the universal shelf on Form S-3 or to utilize the shelf registration for an acquisition transaction.  The terms of any future offering under the shelf registration statement will be established at the time of such offering, subject to market conditions. Any offer or sale of securities under this registration statement will be made solely by means of a written prospectus and prospectus supplement relating to that offering and only at such time as the registration statement becomes effective with the SEC. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

The registration statement may be accessed through the SEC's website at http://edgar.sec.gov. Written copies of the base prospectus and, when available, any prospectus supplement may be obtained by contacting Signature Group Holdings, Inc., Attn: Investor Relations, 15303 Ventura Blvd., Suite 1600, Sherman Oaks, CA 91403.

About Signature Group Holdings, Inc.

Signature Group Holdings, Inc. is a diversified enterprise with current principal activities in industrial supply and special situations finance. Signature has significant capital resources and is actively seeking additional acquisitions as well as growth opportunities for its existing businesses.  For more information about Signature, visit its corporate website at www.signaturegroupholdings.com.  

Cautionary Statement Regarding Forward-Looking Statements

This release contains forward-looking statements, which are based on current expectations, estimates, and projections about the Company's business and prospects, as well as management's beliefs, and certain assumptions made by management. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "may," "should," "will" and variations of these words are intended to identify forward-looking statements. Such statements speak only as of the date hereof and are subject to change. The Company undertakes no obligation to publicly revise or update any forward-looking statements for any reason. These statements include, but are not limited to, statements about the Company's expansion and business strategies and anticipated growth opportunities and the amount of fundraising necessary to achieve it. Such statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Accordingly, actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors.  Important factors that may cause such a difference include, but are not limited to the demand for Industrial Supply's products; the Company's ability to successfully identify, consummate and integrate the acquisitions of other businesses; the Company's ability to open warehouses in additional geographic regions; changes in business or other market conditions; the difficulty of keeping expense growth at modest levels while increasing revenues; and other risks detailed from time to time in the Company's Securities and Exchange Commission filings, including but not limited to the most recently filed Annual Report on Form 10-K and subsequent reports on Forms 10-Q and 8-K.

SOURCE Signature Group Holdings, Inc.