Abacus Global Management, Inc. (NASDAQ: ABL) has announced that its Class A common stock and 9.875% Fixed‑Rate Senior Notes due 2028 will move from Nasdaq to the New York Stock Exchange. The transfer will take effect on or about December 30, 2025, with the shares trading under the new ticker “ABX” and the notes under “ABXL.” Until the close of trading on December 29, 2025, the Class A shares will continue to trade on Nasdaq under “ABL,” and the notes will trade under “ABLLL.”
The company says the move is a strategic step to leverage the NYSE’s global reach, strong institutional investor base, and deep market liquidity. By listing on the NYSE, Abacus aims to broaden its investor base and improve the trading experience for its shareholders, aligning with its broader strategy of expanding alternative asset management and technology businesses. The transition is expected to enhance liquidity and investor access without affecting the company’s operations or financial reporting.
Abacus’s recent financial performance underscores the company’s growth trajectory. In August 2025, revenue rose 93% year‑over‑year to $2.89 billion, and adjusted EBITDA increased 89% to $31.5 million, maintaining a 56.1% margin. The company also announced a minority investment in Dynasty Financial Partners, a move that was well received by investors and reflected Abacus’s commitment to expanding its footprint in the independent wealth‑management sector. These results demonstrate robust demand for the firm’s life‑solutions and asset‑management offerings and support the company’s confidence in its growth strategy.
Management emphasized that the listing transfer is part of a broader effort to strengthen shareholder value. CEO Jay Jackson stated, “The NYSE platform will provide a stronger foundation for our continued growth and shareholder value creation.” He added that the move will enable Abacus to tap into a larger pool of institutional investors and benefit from the NYSE’s reputation for liquidity and market depth. The company’s leadership views the transition as a positive step toward enhancing capital‑raising flexibility and supporting future strategic initiatives.
The transfer is expected to improve liquidity for both equity and debt securities, broaden the investor base, and support Abacus’s long‑term growth plans. By aligning its listings with the NYSE’s global platform, the company positions itself to attract larger institutional investors and potentially facilitate future capital‑raising activities. The move also signals confidence in the company’s business model and its ability to sustain strong financial performance in a competitive alternative‑asset‑management landscape.
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