secwatch.observer — SEC 8-K summary
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Issuer:     Abacus Global Management, Inc. (ABX)
CIK:        0001814287
Form:       8-K
Filed at:   2024-02-15T23:59:59+00:00
Accession:  0001814287-24-000009
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1814287/000181428724000009/0001814287-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1814287/000181428724000009/abl-20240209.htm
  HTML page:      https://secwatch.observer/filing/0001814287-24-000009

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