{"schema_version":"secwatch.filing_event.v1","accession":"0001814287-24-000009","form_type":"8-K","ticker":"ABX","cik":"0001814287","company_name":"Abacus Global Management, Inc.","filed_at":"2024-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.645959+00:00","generated_at":"2026-06-06T01:27:00.408824+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Abacus Life issues $25M of 9.875% Senior Notes due 2028, total now $60.65M","bullets":["Issued $25M of 9.875% Fixed Rate Senior Notes due 2028, fully fungible with existing $35.65M notes.","Total outstanding Notes increase to $60.65M; underwriters have option for additional $3.75M.","Net proceeds will refinance other outstanding indebtedness and for general corporate purposes.","Issuance expected to close on February 15, 2024, subject to customary closing conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001814287-24-000009","json":"https://secwatch.observer/filing/0001814287-24-000009.json","markdown":"https://secwatch.observer/filing/0001814287-24-000009.md","text":"https://secwatch.observer/filing/0001814287-24-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1814287/000181428724000009/0001814287-24-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1814287/000181428724000009/abl-20240209.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T01:27:00.408824+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":[{"claim_id":"592a04411c961e93000d018efe1146fa35d4db02","claim":"Abacus Global Management, Inc. entered into Underwriting Agreement with Piper Sandler & Co. and each of the underwriters named in Exhibit A valued at $25 million aggregate principal amount (effective 2024-02-09).","evidence_excerpt":"On February 9, 2024, Abacus Life, Inc., a Delaware corporation (the “Company”), entered into an Underwriting Agreement (the “Underwriting Agreement”) with Piper Sandler & Co. and each of the underwriters named in Exhibit A thereto (the “Underwriters”), pursuant to which the Underwriters agreed to purchase from the Company $25 million aggregate principal amount of the Company’s 9.875% Fixed Rate Senior Notes due 2028 (the \"New Notes\").","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1814287/000181428724000009/0001814287-24-000009-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Piper Sandler & Co. and each of the underwriters named in Exhibit A"},{"label":"Value","value":"$25 million aggregate principal amount"},{"label":"Effective","value":"2024-02-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}