Abacus Global Management, Inc.

Abacus Global Management, Inc. (NYSE: ABX) has been recognized by TIME and Statista as one of the "World's Growth Leaders of 2026." This inaugural global ranking identifies the top 1,000 public companies worldwide based on exceptional growth, strong market performance, and stable financials. The company's CEO, Jay Jackson, highlighted this as a significant milestone for the team and shareholders, reflecting their success in leveraging longevity data to create value.

Abacus Global Management, Inc. held its Annual Meeting of Shareholders on June 3, 2026, where several key proposals were approved. Shareholders ratified the 2026 Long-Term Equity Incentive Plan, re-elected two Class III directors, and approved KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026. Additionally, shareholders approved the advisory vote on executive compensation and opted for a one-year frequency for future Say-on-Pay votes.

Abacus Global Management, Inc. announced the closing of its $52.9 million acquisition of an indirect minority position in Manning & Napier, Inc. The companies also entered into a Strategic Alliance Agreement (SAA) to foster collaboration across lead generation, product development, and joint client solutions. This partnership aims to combine Manning & Napier's investment expertise with Abacus's proprietary longevity data and actuarial capabilities, enhancing financial planning for clients and accelerating Abacus's Wealth Advisors Platform with ~$18 billion AUM.

Abacus Global Management, Inc. announced its participation in the 26th Annual B. Riley Investor Conference, scheduled for May 20-21, 2026. Key management personnel, including CFO & COO Bill McCauley, CIO Elena Plesco, and Managing Director of Investor Relations David Jackson, will be available for one-on-one and small-group investor meetings on May 21st. The company specializes in alternative asset management and data-driven wealth solutions.

Abacus Global Management, Inc. reported strong financial results for the first quarter of 2026, with total revenues increasing 34.5% to $59.4 million and net income attributable to the company rising 56.6% to $7.27 million. Basic and diluted earnings per share both grew 40% to $0.07. The company also saw a significant turnaround in operating cash flow, moving from a net use of $61.59 million in Q1 2025 to a net provision of $91.69 million in Q1 2026.

Abacus Global Management reported strong first quarter 2026 results, with Adjusted Net Income increasing 17% year-over-year to $20.1 million and Total Revenue up 35% to $59.4 million. The company significantly raised its full-year 2026 Adjusted Net Income guidance to $100-$106 million and issued its first-time Adjusted EPS guidance of $1.00-$1.05. Abacus also highlighted substantial growth in Longevity Income Funds AUM, which nearly quadrupled year-over-year to approximately $1 billion, and announced an investment in Manning & Napier, Inc. and key leadership appointments.

Abacus Global Management reported strong first-quarter 2026 results and raised its full-year guidance. Adjusted Net Income increased 17% year-over-year to $20.1 million, and Adjusted EBITDA grew 33.3% to $32.7 million. The company also generated $91.7 million in operating cash flow, a significant increase from the prior year. Abacus raised its full-year 2026 Adjusted Net Income guidance to $100-$106 million and issued full-year Adjusted EPS guidance of $1.00-$1.05. Strategic initiatives include an investment in Manning & Napier and key leadership appointments.

Abacus Global Management, Inc. announced that its Chairman and CEO, Jay Jackson, will be a featured speaker at the 2026 Milken Institute Global Conference. He will participate in a panel discussion titled "Private Wealth and the Future of Financial Security" on May 4, 2026. The panel will include other financial industry leaders and will be moderated by Maneet Ahuja.

Abacus Global Management, Inc. announced key leadership appointments effective April 17, 2026, reflecting the company's continued growth and organizational development. Alexei Solomon, CPA, was appointed Chief Accounting Officer and Treasurer, bringing over 20 years of experience. Elena Plesco was named Chief Investment Officer, with over 15 years of finance and investing experience, including a prior role at KKR. Samantha Butcher and Bill McCauley will continue in their respective roles as President of Abacus Life Solutions and CFO/COO.