ZAIS Group Holdings, Inc. (NASDAQ: ZAIS) announced that, at its annual meeting of stockholders held today, the stockholders of the Company voted to adopt the Agreement and Plan of Merger, dated as of January 11, 2018, by and among the Company, ZGH Merger Sub, Inc., a wholly-owned subsidiary of the Company, and Z Acquisition LLC, a Delaware limited liability company of which Christian Zugel, the Company's Chairman and Chief Investment Officer, is the sole managing member. Pursuant to the Merger Agreement, Merger Sub will be merged with and into the Company, with the Company surviving the merger. The Merger is expected to close on or about May 18, 2018.

ABOUT ZAIS GROUP HOLDINGS, INC.

ZAIS owns a majority interest in and 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 Red Bank, 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.