ABX · Abacus Global Management, Inc.

On June 29, 2026, Abacus Global Management, Inc. entered into the First Amendment to its Credit Agreement, securing $75 million in incremental term loans. This increases the total aggregate principal commitment to $225 million, with $148.125 million outstanding at the amendment date. The amendment is a significant capital infusion, providing additional liquidity to support the company's investment advisory operations. The incremental loans mature on December 10, 2030, and bear interest at term SOFR plus 5.25% (with a possible stepdown to 5.00% upon achieving certain EBITDA and leverage ratio targets). A 1.00% prepayment premium applies if the loans are repaid within 12 months of funding. Separately, on June 30, 2026, director Sean McNealy resigned from the board due to planned retirement, emphasizing no disagreement with the company. He will continue as an advisor during the transition and will resign from all subsidiary director and officer roles by year-end. These events reflect proactive financial management and orderly board succession, likely viewed positively by investors.