secwatch.observer — SEC 8-K summary
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Issuer:     Abacus Global Management, Inc. (ABX)
CIK:        0001814287
Form:       8-K
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0001193125-23-271461
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Abacus Life issues $31M of 9.875% senior notes due 2028; Piper Sandler underwrites
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- Underwriting agreement with Piper Sandler for $31M principal; option for additional $4.65M.
- Notes bear 9.875% fixed rate, mature 2028; expected to list on Nasdaq under symbol ABLLL.
- Net proceeds to refinance outstanding debt under July 5, 2023 Credit Agreement with Owl Rock Capital and for general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1814287/000119312523271461/0001193125-23-271461-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1814287/000119312523271461/d579625d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-271461

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