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Abacus Global Management Announces Transfer of Listing of its [Class A] Common Stock to the New York Stock Exchange with New Ticker Symbol “ABX”
Globenewswire· 2025-12-19 13:00
Core Viewpoint - Abacus Global Management, Inc. is transferring its listing from Nasdaq to the New York Stock Exchange, which is expected to enhance shareholder value and leverage the NYSE's advantages for growth [1][3]. Group 1: Listing Transfer Details - The transfer of Abacus' Class A common stock to the NYSE is anticipated to begin trading on or about December 30, 2025, under the new ticker symbol "ABX" [1]. - The Company's 9.875% Fixed Rate Senior Notes due 2028 will also transfer to the NYSE, starting to trade under the new ticker symbol "ABXL" on or about December 30, 2025 [2]. Group 2: Strategic Rationale - The decision to move to the NYSE is described as a strategic move aimed at creating long-term shareholder value, supported by the NYSE's global reach, strong institutional investor base, and deep market liquidity [3]. - The NYSE platform is expected to provide an exceptional foundation for Abacus' continued growth and innovation in the alternative asset management space [3]. Group 3: Company Overview - Abacus Global Management specializes in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services, focusing on longevity-based assets and personalized financial planning [4].