Elah Holdings Inc fka RELYQ (ELLH)

[Enterprising Investor]

Signature Group Holdings Announces Share Offering (11/17/14)

SHERMAN OAKS, Calif. November 17, 2014 /PRNewswire/ -- Signature Group Holdings, Inc. ("Signature" or the "Company")(OTCQX: SGGH) announced today that it intends to offer and sell 3,700,000 shares of its common stock in an underwritten public offering. The Company intends to provide its underwriters a 30-day option to purchase up to an additional 555,000 shares.

This offering is being conducted in connection with, and we intend to use the net proceeds for, the pending acquisition (the “GRSA Acquisition”) by our wholly owned subsidiary, SGH Acquisition Holdco, Inc., of the equity interests of certain entities, which, together with their subsidiaries, comprise the global recycling and specification alloys business of Aleris Corporation (“GRSA”). However, this offering is not conditioned upon the GRSA Acquisition.

Deutsche Bank Securities is acting as the sole bookrunning manager for the proposed offering. B. Riley & Co is acting as a co manager.

The proposed offering will be made only by means of a prospectus supplement and the accompanying prospectus. A copy of the preliminary prospectus supplement and the accompanying prospectus can be obtained from: Deutsche Bank Securities Inc., Attn: Prospectus Group, 60 Wall Street, New York, New York 10005, telephone: [phone] or email: [e-mail].

You may also obtain this document for free by visiting EDGAR on the SEC website at www.sec.gov or on Signature’s website at www.signaturegroupholdings.com.

This press release does 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 or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such state or jurisdiction.

About Signature Group Holdings, Inc.

Signature is a North America-based holding company seeking to invest its capital in large, well-managed and consistently profitable businesses concentrated primarily in the U.S. industrial and commercial marketplace. Signature has significant capital resources, and federal net operating loss tax carryforwards of more than $900 million. For more information about Signature, visit its corporate website at www.signaturegroupholdings.com.

http://www.sec.gov/Archives/edgar/data/38984/000156459014005854/sggh-ex991_2014111751.htm