(LIQD) Announces Closing of Its Public Offering of Common Stock

NEW YORK, May 20, 2014  — 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 the closing of its previously announced underwritten public offering of $40,000,000 of its common stock. The public offering price was $1.25 per share and total net proceeds to the company from the public offering are expected to be approximately $36.0 million, after deducting the underwriting discount and estimated offering expenses payable by Liquid.

Liquid intends to use the net proceeds from this public offering for repayment in full of $1 million borrowed under an available line of credit and the remainder for investments in its technology and sales and marketing functions and for working capital and general corporate purposes, which may include acquisitions of complementary businesses, products or technologies.

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. Any offer, if at all, will be made only by means of the prospectus forming a part of the effective registration statement.

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. For more information, please visit www.liquidholdings.com.

This press release contains forward-looking statements, including statements relating to Liquid’s expectations regarding the use of proceeds of the offering. These statements are subject to significant risks and uncertainties. Actual results could differ materially from those projected and Liquid cautions investors not to place undue reliance on the forward-looking statements contained in this release. These risks and uncertainties include, without limitation, risks and uncertainties related to the amount of net proceeds to the company from the offering and future capital needs. Risks and uncertainties relating to Liquid and this offering can be found in the “Risk Factors” section of the final prospectus for this offering filed with the SEC. Liquid undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in Liquid’s expectations.

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