---
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"
generated_at: "2026-06-06T01:27:00.408824+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Abacus Life issues $25M of 9.875% Senior Notes due 2028, total now $60.65M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001814287-24-000009
- JSON: https://secwatch.observer/filing/0001814287-24-000009.json
- Plain text: https://secwatch.observer/filing/0001814287-24-000009.txt

## Key facts
- Material Agreements
  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).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Piper Sandler & Co. and each of the underwriters named in Exhibit A
  - Value: $25 million aggregate principal amount
  - Effective: 2024-02-09
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1814287/000181428724000009/0001814287-24-000009-index.htm

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