Abacus Life Announces Pricing of Public Offering of Common Stock
Abacus Life, Inc. - Class A (ABL)
Company Research
Source: GlobeNewswire
ORLANDO, Fla., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering alternative asset manager specializing in longevity and actuarial technology, today announced the pricing of its underwritten public offering of 12,500,000 shares of its common stock, including 10,000,000 shares of common stock being offered by the Company and 2,500,000 shares of common stock being offered by certain stockholders of the Company (the “Selling Stockholders”), at a price to the public of $8.00 per share. In connection with the offering, the Company also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of common stock from the Company and up to an additional 375,000 shares of common stock from the Selling Stockholders at the public offering price. The gross proceeds from the offering, before deducting underwriting discounts and commissions and offering expenses, are expected to be approximately $100 million,
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ABL
Earnings
- 11/7/24 - Beat
ABL
Analyst Actions
- 10/24/24 - Northland Securities
ABL
Sec Filings
- 12/18/24 - Form 4
- 12/16/24 - Form 8-K
- 12/16/24 - Form 4
- ABL's page on the SEC website