Abacus completes warrant exchange; 88% tendered, remaining exchanged at 0.207 shares

Abacus Global Management, Inc.

• 18,188,277 warrants (~88% of total) validly tendered; holders receive 0.23 shares per warrant.
• Non-tendered holders get 0.207 shares per warrant (10% less) via warrant amendment effective July 30, 2025.
• Consent received from ~83% of public and ~94% of private warrants, exceeding 50% threshold.
• Settlement expected July 30, 2025; total dilution of ~4.7 million new shares from the exchange.
• Warrant amendment executed with Continental Stock Transfer; remaining ~2.5M warrants to be forced-exchanged.