Abacus Global Management Files 2024 10-K
Ticker: ABXL · Form: 10-K · Filed: Mar 28, 2025 · CIK: 1814287
| Field | Detail |
|---|---|
| Company | Abacus Global Management, INC. (ABXL) |
| Form Type | 10-K |
| Filed Date | Mar 28, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, annual-report, investment-advice, financials
TL;DR
Abacus Global Management filed its 2024 10-K, detailing financials and party transactions.
AI Summary
Abacus Global Management, Inc. filed its 2024 10-K on March 28, 2025, reporting on its fiscal year ending December 31, 2024. The company, formerly known as East Resources Acquisition Co. and Abacus Life, Inc., is involved in investment advice. The filing details its financial position, including common stock, warrants, and fixed unsecured notes, and distinguishes between related and non-related party transactions as of December 31, 2024, and December 31, 2023.
Why It Matters
This filing provides investors with a comprehensive overview of Abacus Global Management's financial health and operational status for the fiscal year 2024, crucial for investment decisions.
Risk Assessment
Risk Level: medium — The filing is a standard annual report, but the nature of investment management and potential for related party transactions introduces inherent risks.
Key Numbers
- 2024-12-31 — Fiscal Year End (Reporting period for the 10-K)
- 2025-03-28 — Filing Date (Date the 10-K was submitted to the SEC)
- 2023-12-31 — Prior Year End (For comparison with current year's financial data)
Key Players & Entities
- Abacus Global Management, Inc. (company) — Filer of the 10-K
- East Resources Acquisition Co. (company) — Former name of the company
- Abacus Life, Inc. (company) — Former name of the company
- 2024-12-31 (date) — Fiscal year end
- 2025-03-28 (date) — Filing date
- 2101 PARK CENTER DRIVE, SUITE 200 (address) — Company business and mail address
- ORLANDO, FL 32835 (address) — Company business and mail address
FAQ
What were the total assets of Abacus Global Management, Inc. as of December 31, 2024?
The provided text does not contain specific figures for total assets as of December 31, 2024.
What is the primary business of Abacus Global Management, Inc.?
Abacus Global Management, Inc. is primarily involved in 'Investment Advice' (SIC code 6282).
When did Abacus Global Management, Inc. change its name from Abacus Life, Inc.?
The company changed its name from Abacus Life, Inc. on July 5, 2023.
What types of financial instruments are mentioned in relation to Abacus Global Management, Inc.'s reporting?
The filing mentions common stock, warrants, and fixed unsecured notes.
How does the company differentiate between related and non-related party transactions?
The filing includes data points for both 'us-gaap:NonrelatedPartyMember' and 'us-gaap:RelatedPartyMember' for the fiscal years ending December 31, 2024, and December 31, 2023.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 28, 2025 regarding Abacus Global Management, Inc. (ABXL).