8-K: Abacus Global Management Shifts Listing to NYSE
Transfer of Listing Announcement
Abacus Global Management, Inc. announced its decision to transfer the listing of its common stock and senior notes from Nasdaq to the New York Stock Exchange, effective December 30, 2025.
Summary
- Abacus Global Management, Inc. (Abacus) will voluntarily withdraw the listings of its common stock and 9.875% Fixed Rate Senior Notes due 2028 from The Nasdaq Stock Market LLC (Nasdaq).
- The company will transfer these listings to the New York Stock Exchange (NYSE).
- Trading of the common stock and 2028 Notes on Nasdaq is expected to cease at the close of trading on or about December 29, 2025.
- Listing and trading on NYSE are expected to begin at market open on or about December 30, 2025.
- The common stock, currently trading as ABL on Nasdaq, will trade under the new symbol ABX on NYSE.
- The 9.875% Fixed Rate Senior Notes due 2028, currently trading as ABLLL on Nasdaq, will trade under the new symbol ABXL on NYSE.
- The transfer is a strategic move to leverage NYSE's global reach, strong institutional investor base, and deep market liquidity.
Sentiment
Score: 8
Explanation: The filing conveys a strong positive sentiment regarding a strategic move aimed at enhancing shareholder value through increased market visibility, institutional investor access, and liquidity on the NYSE. Management's statements are enthusiastic and forward-looking.
Positives
- The transfer to NYSE is expected to provide Abacus with enhanced global reach and access to a strong institutional investor base.
- The move aims to leverage NYSE's deep market liquidity, which could benefit shareholder value.
- Management believes the NYSE platform offers an exceptional foundation for continued growth and execution of its strategy.
Future Outlook
Abacus Global Management anticipates that the transfer to the New York Stock Exchange will provide an exceptional foundation for its continued growth and enable it to leverage the advantages and unique offerings of the NYSE platform to deliver value for shareholders.
Management Comments
- "After deliberate consideration, we are excited to announce our decision to transfer our listing to the New York Stock Exchange, a strategic move that underscores Abacus commitment to creating long-term shareholder value." Jay Jackson, Chairman and Chief Executive Officer of Abacus.
- "The NYSEs global reach, strong institutional investor base, and deep market liquidity provide an exceptional foundation for our continued growth. We are well positioned to leverage the advantages and unique offerings of the NYSE platform as we execute on our strategy to deliver value for our shareholders." Jay Jackson, Chairman and Chief Executive Officer of Abacus.
- "We are pleased to welcome Abacus Global Management to the New York Stock Exchange. As it continues to drive innovation and deliver long-term value for its stakeholders, Abacus is a strong addition to the NYSE community." Chris Taylor, Chief Development Officer, NYSE Group.
Industry Context
The move by Abacus Global Management to transfer its listing from Nasdaq to the NYSE aligns with a broader trend among established companies seeking to enhance their market presence and appeal to a wider institutional investor base. The NYSE is often perceived to offer greater prestige, stability, and deeper liquidity compared to Nasdaq, particularly for companies with a focus on long-term value and traditional financial services. This strategic decision reflects a common corporate governance and investor relations strategy to optimize market visibility and access to capital.
Comparison to Industry Standards
- The filing does not provide specific comparable companies, projects, or results to assess the results in the context of global benchmarks. The decision to transfer listing is a strategic corporate action rather than a performance metric.
Stakeholder Impact
- Shareholders: Will experience a change in the exchange where their shares and notes are traded, along with new ticker symbols. The move is intended to create long-term shareholder value through enhanced market access and liquidity.
- Institutional Investors: The transfer to NYSE is specifically aimed at attracting a stronger institutional investor base due to NYSE's global reach and perceived prestige.
Next Steps
- Cessation of trading on Nasdaq for common stock and 2028 Notes on or about December 29, 2025.
- Commencement of trading on NYSE for common stock (ABX) and 2028 Notes (ABXL) on or about December 30, 2025.
Key Dates
| Date | Description |
|---|---|
| 2025-12-19 | Date Abacus Global Management, Inc. determined to voluntarily withdraw listings from Nasdaq and transfer to NYSE; also the date of the press release. |
| 2025-12-29 | Expected date for cessation of listing and trading of common stock and 2028 Notes on Nasdaq at market close. |
| 2025-12-30 | Expected date for commencement of listing and trading of common stock and 2028 Notes on NYSE at market open under new symbols ABX and ABXL, respectively. |
Recommendation
holdThe listing transfer is a strategic, procedural move rather than a change in fundamental business operations or financial performance. While it aims to enhance long-term shareholder value through improved market access and liquidity, it does not immediately alter the company's intrinsic value or operational outlook. Investors should hold to observe the long-term benefits of this strategic positioning.
Keywords
Abacus Global Management, NYSE listing, Nasdaq delisting, stock transfer, ABX, ABXL, alternative asset management, financial services, corporate strategy
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