Abacus Global Management Announces Transfer of Listing of its [Class A] Common Stock to the New York Stock Exchange with New Ticker Symbol “ABX”
Rhea-AI Summary
Abacus Global Management (NASDAQ: ABL) announced it will transfer the listing of its [Class A] common stock from Nasdaq to the New York Stock Exchange and will begin NYSE trading on or about December 30, 2025 under the new ticker ABX. The Class A shares will continue trading on Nasdaq as ABL until the close of market on December 29, 2025. The company also said its 9.875% Fixed Rate Senior Notes due 2028, currently trading on Nasdaq as ABLLL, are expected to transfer to the NYSE and begin trading on or about December 30, 2025 under new ticker ABXL.
Management cited the NYSE’s global reach, institutional investor base, and market liquidity as reasons for the move and the NYSE welcomed Abacus to its community.
Positive
- NYSE listing effective on or about December 30, 2025
- Common-stock ticker change from ABL to ABX on or about December 30, 2025
- Senior-notes ticker change from ABLLL to ABXL on or about December 30, 2025
Negative
- None.
News Market Reaction – ABL
On the day this news was published, ABL declined 2.85%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
ABL gained 5.54% while key peers showed mixed, modest moves (e.g., CIA +1.41%, BHF -0.32%, FG -0.33%, JXN +0.06%, LNC +0.95%), indicating a stock-specific reaction rather than a coordinated sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 03 | Conference participation | Positive | +6.7% | Participation in two virtual investor conferences and CEO presentation. |
| Nov 25 | Dividend timing | Positive | +5.0% | Confirmation of inaugural annual cash dividend and key record dates. |
| Nov 06 | Dividend & buyback | Positive | -0.4% | Announcement of annual dividend and $10M share repurchase program. |
| Nov 06 | Q3 2025 earnings | Positive | -0.4% | Strong revenue growth, profitability improvement, and raised full-year guidance. |
| Oct 23 | Asset securitization | Positive | -1.1% | Sale of $50M securitized life insurance assets via rated collateralized note. |
News has often been positive, but price reactions were mixed, with earlier selloffs on strong fundamentals and more recent alignment on shareholder-friendly updates.
This announcement follows several shareholder-focused and growth-oriented developments. In Q3 2025, Abacus reported strong revenue and earnings momentum and later introduced an annual $0.20 dividend and a $10 million buyback program. The company also executed a $50 million securitized life insurance transaction and announced conference participation. Recent dividend and conference news saw positive price alignment, while earlier earnings and securitization updates saw mild negative reactions, highlighting historically uneven responses to good news.
Regulatory & Risk Context
An active S-3/A shelf filed on 2025-12-18 covers resale of up to 9,302,765 common shares and $64,380,575 of 9.875% senior notes due 2028 by selling securityholders. Abacus will not receive proceeds from these resales, so the shelf primarily provides liquidity for existing holders rather than new capital to the company.
Market Pulse Summary
This announcement marks Abacus’s plan to move its Class A common stock and 9.875% senior notes to the NYSE, with trading expected to begin around December 30, 2025 under new symbols. The company has recently reported strong growth, initiated a dividend and buyback, and executed securitization transactions. Investors may watch how the NYSE listing, existing resale registration for common shares and $64,380,575 of senior notes, and future capital-markets steps interact with this growth trajectory.
Key Terms
fixed rate senior notes financial
ticker symbol financial
new york stock exchange financial
nasdaq stock market llc financial
AI-generated analysis. Not financial advice.
ORLANDO, Fla., Dec. 19, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leader in the alternative asset management space, today announced its plans to transfer the listing of its [Class A] common stock to the New York Stock Exchange (“NYSE”) from the Nasdaq Stock Market LLC (“Nasdaq”). Abacus expects to begin trading as a NYSE listed company on or about December 30, 2025, and will commence trading under new ticker symbol “ABX”. The Company’s [Class A] common stock will continue to trade under the ticker symbol “ABL” on Nasdaq until the close of market on December 29, 2025.
In addition, the Company’s
“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,” said Jay Jackson, Chairman and Chief Executive Officer of Abacus. “The NYSE’s 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.”
“We are pleased to welcome Abacus Global Management to the New York Stock Exchange,” said Chris Taylor, Chief Development Officer, NYSE Group. “As it continues to drive innovation and deliver long-term value for its stakeholders, Abacus is a strong addition to the NYSE community."
About Abacus
Abacus Global Management (NYSE: ABX) is a leading financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services. With a focus on longevity-based assets and personalized financial planning, Abacus leverages proprietary data analytics and decades of industry expertise to deliver innovative solutions that optimize financial outcomes for individuals and institutions worldwide.
For more information, please visit abacusgm.com.
Contacts:
Investor Relations
Robert F. Phillips – SVP Investor Relations and Corporate Affairs rob@abacusgm.com
(321) 290-1198
David Jackson – Managing Director of Investor Relations david@abacusgm.com
(321) 299-0716
Abacus Global Management Public Relations
press@abacusgm.com
FAQ
When will Abacus (ABL) begin trading on the NYSE as ABX?
How long will Abacus common stock trade as ABL on Nasdaq?
Will Abacus 9.875% senior notes move to the NYSE and what will the new ticker be?
What ticker will Abacus use on the NYSE for its Class A common stock?
When is the last Nasdaq trading day for Abacus common stock before the NYSE transfer?
