Abacus Life offers 12.5M shares in public offering; CEO's restricted shares accelerated

Abacus Global Management, Inc.

Offering of 12.5M shares (10M primary, 2.5M secondary) with 30-day option for up to 1.5M additional shares.
Net proceeds from primary used for operations, life settlement policy purchases, and general corporate purposes.
Board accelerated vesting of approximately 4.57M restricted shares held by CEO Jay Jackson.
Piper Sandler, TD Securities, KKR Capital Markets, B. Riley, and SG Americas acting as joint book-running managers.
Offering subject to market conditions; no assurance of completion or final terms.

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