Every 8-K that Abacus Global Management, Inc. (ABX) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow ABX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ABX filings page.
Abacus Global Management, Inc. (ABX) furnished a shareholder letter providing a valuation update and mid‑year outlook. Management explains that the discount rate on life insurance policy sales has closely tracked the Federal Funds Effective Rate, widening from 12% to above 21% during 2022‑2023 and compressing to about 10% by Q1 2026, while average realized gains on policy sales have remained in the low‑ to mid‑20% range, with one quarter in the mid‑30% range.
Beginning in Q2 2026, Abacus adopted a market‑based Historical Return Method for valuing policies, applying observed realized returns to cost basis instead of discounting modeled cash flows. The company highlights rapid balance‑sheet turnover near or above its 1.5x–2.0x annualized target, using recent quarters of 2.6x, 1.9x, and 2.0x as evidence that carrying values are regularly validated by cash sales.
For Q2 2026, revenue rose 30% year over year to $73.0 million, led by Life Solutions growth of 38.3%. Adjusted net income was $27.1 million, and adjusted EBITDA grew 27% to $39.9 million with a margin near 55%. Abacus deployed about $200 million of capital in Q2 and $362 million year‑to‑date, supported by more than $1 billion of fund capital commitments over the last twelve months and fund distributions at annualized rates up to 10%.
Abacus Global Management, Inc. announced that its Board of Directors has authorized a new share repurchase program for up to $100 million of common stock. The program begins on August 17, 2026 and may continue through May 6, 2028.
Repurchases may occur in the open market or through privately negotiated transactions, including accelerated share repurchase transactions, block trades and Rule 10b5-1 trading plans. Abacus states that this authorization aligns with its capital allocation framework and follows approximately $80 million of stock repurchased under prior programs since December 2023.
The company expects to fund the program primarily from ongoing free cash flow generation and proceeds from balance sheet transactions, supplemented by cash on hand. Management highlights a strategy of balancing investment in origination growth, technology and acquisitions with returning capital to shareholders via this repurchase program.
Abacus Global Management reported record second-quarter 2026 total revenue of $73.0 million, up 30% year-over-year, driven mainly by Life Solutions. GAAP net income declined to $6.6 million from $17.6 million as sales, marketing and general and administrative costs increased with growth and acquisitions.
Non‑GAAP measures increased: adjusted net income was $27.1 million and adjusted diluted EPS was $0.28, both exceeding the high end of guidance, while adjusted EBITDA reached a record $39.9 million with a 54.7% margin. Operating cash flow for the first half rose to $130.9 million from $14.5 million.
Abacus raised $544.2 million into longevity funds in the first half, surpassing its $500 million target, completed a $53 million minority stake in Manning & Napier, and launched its ABX Longevity Growth and Income interval fund. Guidance calls for FY26 adjusted EPS of $1.00–$1.05 and third‑quarter adjusted EPS of $0.26–$0.28, implying up to 17% year‑over‑year growth.
Abacus Global Management, Inc. amended its existing credit agreement to add $75,000,000 in incremental term loans, bringing the total aggregate principal amount outstanding under the amended facility to $225,000,000. The facility, including any delayed draw term loans, continues to mature on December 10, 2030 with quarterly amortization based on fixed percentages of original principal and additional payments tied to consolidated adjusted EBITDA.
The interest rate remains based on adjusted term SOFR plus 5.25% per annum, with a stepdown to 5.00% if specified EBITDA and total leverage metrics are met. At the amendment date, Abacus Global had $148,125,000 outstanding under the amended credit agreement. Separately, director Sean McNealy informed the company he is resigning from the board effective June 30, 2026 in connection with his planned retirement and will continue as an advisor during a transition period.
Abacus Global Management, Inc. released a shareholder letter describing LifeARC™, its new proprietary AI-powered lifespan modeling platform, and providing a strategic update on its Wealth Advisors division and recent Manning & Napier investment. LifeARC™ uses Abacus’s 20 years of proprietary data to build individualized lifespan projections based on medical history, conditions, genetics, medications, and biometrics, aiming to drive more precise retirement and legacy planning.
The letter frames LifeARC™ as an “intelligence layer” for lifespan-linked finance, tied to an estimated $120 trillion intergenerational wealth transfer. Abacus highlights its more than $50 million investment in Manning & Napier, an $18 billion advisory firm with over 3,400 clients, as a way to embed LifeARC™ into real client portfolios and expand data-driven wealth solutions. The communication contains forward-looking statements about strategy, market opportunity, and revenue models but does not include historical financial results.
Abacus Global Management, Inc. reported results from its Annual Meeting held on June 3, 2026. Shareholders approved the Company’s 2026 Long-Term Equity Incentive Plan, which became effective immediately upon approval. They also re-elected two Class III directors for new three-year terms.
Investors ratified KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026. Shareholders approved the advisory vote on executive compensation and supported holding the say-on-pay advisory vote every year, with one year receiving the highest support among the frequency options.
Abacus Global Management completed a $52.9 million acquisition of an indirect minority stake in Manning & Napier and entered into a long-term Strategic Alliance Agreement. The partnership combines Abacus’s proprietary longevity data and actuarial capabilities with Manning & Napier’s decades of wealth and asset management experience.
The alliance focuses on three areas: joint client solutions, product development and distribution, and lead generation and referrals. Manning & Napier advisors will be able to use Abacus’s LifeARC platform and offer selected Abacus Asset Group products, while both firms share referral channels, including roughly 10,000 monthly leads generated by Abacus Life Solutions.
Abacus Global Management reported strong first-quarter 2026 results and raised its full‑year outlook. Total revenue rose to $59.4 million, up 35% year-over-year, driven mainly by Life Solutions. GAAP net income attributable to Abacus increased to $7.3 million from $4.6 million, with basic EPS of $0.07.
Non-GAAP performance was also solid: adjusted net income grew 17% year-over-year to $20.1 million and adjusted EBITDA rose 33% to $32.7 million, maintaining a 55% adjusted EBITDA margin. Operating cash flow swung to $91.7 million from negative $61.6 million, highlighting the cash generation of the platform as longevity funds scale.
Gross AUM reached about $3.6 billion on $378 million of gross inflows, while longevity income fund AUM approached $1 billion, nearly four times higher than a year earlier. Abacus raised its 2026 adjusted net income guidance to $100–$106 million and issued adjusted EPS guidance of $1.00–$1.05, with Q2 2026 adjusted net income of $24–$26 million. The company also agreed to acquire a roughly $53 million minority stake in Manning & Napier and continued capital returns, with a share repurchase program of up to $20 million.
Abacus Global Management, Inc. reported leadership changes effective April 17, 2026. William McCauley resigned as Chief Accounting Officer but will continue as Chief Financial Officer, Chief Operating Officer and director, with no disagreements with the company cited in his decision.
The company appointed Alexei Solomon, a CPA with over 20 years of accounting and finance experience, as Chief Accounting Officer and Treasurer, and named Elena Plesco, with more than 15 years of investing experience and prior roles at KKR and J.P. Morgan, as Chief Investment Officer. Samantha Butcher will continue as President of Abacus Life Solutions, overseeing the policy lifecycle. The company stated there are no family relationships, appointment arrangements, or related-party transactions requiring disclosure for these officers.
Abacus Global Management, Inc. changed its independent auditor and updated executive leadership and pay. The audit committee dismissed Grant Thornton LLP and engaged KPMG LLP as the new independent registered public accounting firm. Prior Grant Thornton reports for 2024 and 2025 were clean, with no disagreements or reportable events disclosed.
The board appointed William McCauley as Chief Operating Officer while he continues as Chief Financial Officer. The compensation committee raised annual salaries to $725,000 for CEO Jay Jackson and $500,000 for McCauley, effective immediately, and approved new performance-based equity and cash incentives tied largely to 2026 Adjusted Net Income.
Performance-based RSUs for Jackson (up to 1,188,119 units) and McCauley (up to 594,060 units) depend on achieving a $96,000,000 Adjusted Net Income target or a $192,000,000 stretch goal, plus time-based vesting over three years. A separate accelerated vesting trigger applies if market capitalization exceeds $1,500,000,000 over any 20‑day trading period. Subject to shareholder approval of the 2026 Long‑Term Incentive Plan, the CEO may also receive a one-time equity bonus of 2,000,000 shares and the COO/CFO 1,000,000 shares based on 2026 market cap or assets under management. Annual 2026 cash bonuses range from $1,450,000 to $2,900,000 for Jackson and $950,000 to $1,900,000 for McCauley, depending on performance against the same metrics.
Abacus Global Management reported a very strong 2025, with fourth-quarter revenue rising 116% to $71.9 million and full-year revenue up 110% to $235.2 million, driven mainly by Life Solutions and Asset Management growth.
The company swung from a prior-year GAAP net loss to 2025 GAAP net income of $36.5 million, while Adjusted net income climbed 84% to $85.7 million. Full-year Adjusted EBITDA rose 115% to $132.6 million with a 56% margin, and both ROE and ROIC reached 20%, highlighting improved profitability.
Abacus initiated a 2026 Adjusted net income outlook of $96–$104 million, implying growth of up to 22%, and ended 2025 with $38.1 million in cash and $405.8 million of debt. The company also agreed to acquire an approximately $53 million minority equity stake in Manning & Napier, a wealth and asset manager with about $18 billion in assets under management, alongside a strategic alliance covering product distribution, referrals, and joint product development.
Abacus Global Management, Inc. announced that its Board of Directors has authorized a new stock repurchase program for its common shares. The program permits the company to buy back up to $20 million of stock in the open market or through privately negotiated transactions.
The repurchases may include accelerated share repurchase transactions, block trades, and use of Rule 10b5-1 trading plans. The program commences immediately and can be carried out from time to time until May 6, 2027, giving the company flexibility over the next several years to manage its capital structure.