Company Abacus Life, Inc.

Equities

ABL

US00258Y1047

Multiline Insurance & Brokers

Market Closed - Nasdaq 04:00:00 2024-04-23 pm EDT 5-day change 1st Jan Change
12.07 USD +1.68% Intraday chart for Abacus Life, Inc. +0.33% +24.95%

Business Summary

Abacus Life, Inc. is a vertically integrated alternative asset manager and market maker, specializing in longevity and actuarial technology. The Company’s Portfolio Servicing segment provides policy services to customers on a contract basis. Its Active Management segment buys, sells and trades policies and maintains policies until receipt of death benefits. Its Originations segment originates life insurance policy settlements between investors or buyers, and the sellers, who is often the original policy owner. The policies are purchased from owners or other providers through advisors, brokers or directly through the owner. It originates policies through three primary origination channels (Agents/Financial Advisors, Direct-to-Consumers, Life Settlement Brokers) and Third-Party Intermediaries, screens them for eligibility by verifying that the policy is in force, obtaining consents and disclosures, and submitting cases for life expectancy estimates.

Number of employees: 102

Managers

Managers TitleAgeSince
Founder 58 20-05-21
Chief Executive Officer 53 23-07-02
Founder 59 20-05-21
Founder 60 20-05-21
Director of Finance/CFO 53 23-07-02
Corporate Officer/Principal - 23-08-13
General Counsel - -
General Counsel - 23-09-10

Members of the board

Members of the board TitleAgeSince
Founder 59 20-05-21
Director/Board Member 58 23-07-02
Director/Board Member 56 23-07-02
Director/Board Member 50 23-07-02
Director/Board Member 75 23-07-02
Director/Board Member 60 23-07-02
Chief Executive Officer 53 23-07-02

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 63,841,408 7,431,540 ( 11.64 %) 146,650 ( 0.2297 %) 11.64 %

Shareholders

NameEquities%Valuation
12,593,550 19.77 % 153 M $
12,593,250 19.77 % 153 M $
12,593,250 19.77 % 153 M $
12,593,250 19.77 % 153 M $
East Asset Management LLC
17.92 %
11,417,000 17.92 % 139 M $
SZOP Multistart Management LLC
0.3024 %
192,603 0.3024 % 2 M $
Alta Fundamental Advisers LLC
0.2826 %
180,000 0.2826 % 2 M $
AE Wealth Management LLC
0.0458 %
29,152 0.0458 % 355 071 $
Stephens, Inc.
0.0392 %
25,000 0.0392 % 304 500 $
Adam Gusky
0.0357 %
22,718 0.0357 % 276 705 $
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Diametric Capital LP
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Walleye Trading LLC
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157,764 - 100 969 $

Company contact information

Abacus Life, Inc.

2101 Park Center Drive Suite 200

32835, Orlando

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http://www.abacuslife.com
address Abacus Life, Inc.(ABL)
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