---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-049186"
form_type: "8-K"
ticker: "ABX"
cik: "0001814287"
company_name: "Abacus Global Management, Inc."
filed_at: "2024-11-25T23:59:59+00:00"
generated_at: "2026-05-29T19:04:43.897461+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Abacus Life closes $100M public offering (12.5M shares at $8.00); $80M net to company

## Summary
- Offering of 12.5M shares: 10M primary (company) + 2.5M secondary (selling stockholders) at $8.00/share.
- Gross proceeds ~$100M; company receives ~$80M net after underwriting discounts and expenses.
- Selling stockholders received ~$20M; company will not receive any proceeds from secondary shares.
- Proceeds to be used for operations, life settlement policy purchases, working capital, acquisitions, and debt repayment.
- Underwriters led by Piper Sandler, TD Securities, KKR Capital Markets, B. Riley, SG Americas.

## SEC filing metadata
- accession: 0001628280-24-049186
- form_type: 8-K
- ticker: ABX
- cik: 0001814287
- company_name: Abacus Global Management, Inc.
- filed_at: 2024-11-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1814287/000162828024049186/0001628280-24-049186-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1814287/000162828024049186/abl-20241121.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-049186
- JSON: https://secwatch.observer/filing/0001628280-24-049186.json
- Plain text: https://secwatch.observer/filing/0001628280-24-049186.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
