---
schema_version: "secwatch.filing_event.v1"
accession: "0001814287-25-000004"
form_type: "8-K"
ticker: "ABX"
cik: "0001814287"
company_name: "Abacus Global Management, Inc."
filed_at: "2025-03-24T23:59:59+00:00"
generated_at: "2026-05-24T06:49:53.673539+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Abacus issues $5M Series A Convertible Preferred to acquire interest in Dynasty Financial

## Summary
- Issued 5,000 shares of Series A Convertible Preferred to Dynasty Financial Holdings in exchange for 400,000 Class A Interests of Dynasty.
- Preferred has $1,000/share liquidation preference ($5M aggregate), 7.5% dividend rate payable in kind at company's option.
- Shares convertible into common at initial rate of 100 shares per $1,000 liquidation preference (effective ~$10 conversion price).
- Company may redeem shares after March 18, 2028; holders can require repurchase upon change of control.
- Series A ranks senior to common for dividends and liquidation; no common dividends unless equivalent paid on preferred.

## SEC filing metadata
- accession: 0001814287-25-000004
- form_type: 8-K
- ticker: ABX
- cik: 0001814287
- company_name: Abacus Global Management, Inc.
- filed_at: 2025-03-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.02, 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1814287/000181428725000004/0001814287-25-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1814287/000181428725000004/abl-20250318.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001814287-25-000004
- JSON: https://secwatch.observer/filing/0001814287-25-000004.json
- Plain text: https://secwatch.observer/filing/0001814287-25-000004.txt

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