secwatch.observer — SEC 8-K summary
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Issuer:     Abacus Global Management, Inc. (ABX)
CIK:        0001814287
Form:       8-K
Filed at:   2024-06-24T23:59:59+00:00
Accession:  0001628280-24-029592
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1814287/000162828024029592/0001628280-24-029592-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1814287/000162828024029592/abl-20240620.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-029592

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer