Abacus Life closes $92M public offering of 11.5M common shares at $8.00

Abacus Global Management, Inc.

Gross proceeds ~$92M from 10M base + 1.5M option shares at $8.00/share.
Net proceeds for life settlement purchases, working capital, and debt repayment.
Joint book-runners: Piper Sandler, TD Securities, B. Riley, KKR Capital Markets.
Registration declared effective June 20; offering closed June 24, 2024.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.