{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-050657","form_type":"8-K","ticker":"ABX","cik":"0001814287","company_name":"Abacus Global Management, Inc.","filed_at":"2024-12-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.785182+00:00","generated_at":"2026-05-29T05:15:01.742819+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Abacus Life closes $150M senior secured term loan with Sagard and Värde","bullets":["Initial $100M drawn at close; additional $50M delayed draw available subject to conditions.","Facility priced at SOFR + 5.25% (stepdown to SOFR + 5.00% upon meeting EBITDA/leverage targets).","Proceeds to fund life settlement purchases, working capital, and general corporate purposes.","CEO states facility eliminates need for near-term incremental equity raise.","Matures 6 years from initial funding with quarterly amortization of 1% p.a. plus EBITDA-based payments."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-050657","json":"https://secwatch.observer/filing/0001628280-24-050657.json","markdown":"https://secwatch.observer/filing/0001628280-24-050657.md","text":"https://secwatch.observer/filing/0001628280-24-050657.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1814287/000162828024050657/0001628280-24-050657-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1814287/000162828024050657/abl-20241210.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T05:15:01.742819+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}