8-K: Abacus Global Shifts Listing to NYSE
Exchange Listing Transfer
Abacus Global Management, Inc. announced the transfer of its common stock and 9.875% Fixed Rate Senior Notes from Nasdaq to the New York Stock Exchange, effective December 30, 2025.
Summary
- Abacus Global Management, Inc. (the Company) has voluntarily withdrawn the listings of its common stock and 9.875% Fixed Rate Senior Notes due 2028 from The Nasdaq Stock Market LLC (Nasdaq).
- The Company is transferring these listings to the New York Stock Exchange (NYSE).
- Trading of the Common Stock and the 2028 Notes on Nasdaq ceased at the close of trading on December 29, 2025.
- Listing and trading on the NYSE is expected to commence at market open on December 30, 2025.
- Upon transfer to the NYSE, the Common Stock will trade under the new symbol ABX, and the 2028 Notes will trade under the new symbol ABXL.
- The Company's board of directors authorized this transfer on December 19, 2025.
- Abacus Global Management, Inc. is an emerging growth company and has elected not to use the extended transition period for complying with new or revised financial accounting standards.
Sentiment
Score: 7
Explanation: The transfer to the NYSE is generally viewed as a positive strategic move for market visibility and potential liquidity, indicating a positive sentiment without direct financial performance implications.
Positives
- Transfer to the New York Stock Exchange (NYSE) is often perceived as a move that enhances corporate prestige and visibility.
- Listing on the NYSE may attract a broader base of institutional investors, potentially increasing liquidity for the Company's common stock and senior notes.
Future Outlook
Trading of the Company's common stock and 9.875% Fixed Rate Senior Notes due 2028 is expected to commence on the New York Stock Exchange at market open on December 30, 2025, under new symbols ABX and ABXL, respectively.
Management Comments
- Jay Jackson, Chief Executive Officer, signed the report on behalf of Abacus Global Management, Inc.
Industry Context
A transfer from Nasdaq to the New York Stock Exchange is a strategic move often undertaken by companies seeking to enhance their market presence and appeal to a wider range of investors. The NYSE is traditionally associated with larger, more established companies and can offer increased visibility and perceived prestige compared to Nasdaq, which is known for its technology-focused listings.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Board Authorization | The Company's board of directors authorized the voluntary withdrawal of listings from Nasdaq and transfer to the NYSE. | December 19, 2025 | Demonstrates board oversight and strategic decision-making regarding market presence. |
Stakeholder Impact
- Shareholders and noteholders will need to be aware of the new exchange (NYSE) and new trading symbols (ABX for common stock, ABXL for 2028 Notes) for future trading activities.
- Potential for increased market visibility and liquidity may benefit existing shareholders and noteholders.
Next Steps
- Commencement of trading for Common Stock (ABX) and 9.875% Fixed Rate Senior Notes due 2028 (ABXL) on the New York Stock Exchange at market open on December 30, 2025.
Key Dates
| Date | Description |
|---|---|
| December 19, 2025 | Board of directors authorized the voluntary withdrawal from Nasdaq and transfer to NYSE. |
| December 29, 2025 | Listing and trading of Common Stock and 9.875% Fixed Rate Senior Notes due 2028 ceased on Nasdaq at the close of trading. |
| December 30, 2025 | Listing and trading of Common Stock (ABX) and 9.875% Fixed Rate Senior Notes due 2028 (ABXL) is expected to begin on the NYSE at market open. |
Recommendation
holdThe transfer to the New York Stock Exchange is a procedural move that can enhance market visibility and potentially liquidity for Abacus Global Management's common stock and senior notes. While generally viewed as a positive step for corporate prestige and institutional investor access, it does not inherently change the company's underlying financial performance or strategic direction. Investors should hold and monitor for subsequent financial disclosures.
Keywords
Abacus Global Management, NYSE, Nasdaq, Stock Listing, Common Stock, Senior Notes, Exchange Transfer, ABX, ABXL, ABL, ABLLL
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