Abacus Global Management Transfers Listing to NYSE
Abacus Global Management announced its plans to transfer the listing of its common stock to the New York Stock Exchange from the Nasdaq Stock Market. Abacus expects to begin trading as a NYSE listed company on or about December 30, 2025, and will commence trading under new ticker symbol "ABX". The Company's common stock will continue to trade under the ticker symbol "ABL" on Nasdaq until the close of market on December 29, 2025. In addition, the Company's 9.875% Fixed Rate Senior Notes due 2028 currently trading on Nasdaq under symbol "ABLLL" will transfer to NYSE and are expected to begin trading on or about December 30, 2025, under new ticker symbol "ABXL".
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- Significant Transaction Growth: In 2025, Dynasty Investment Bank completed 15 transactions across sell-side, buy-side, recruitment, and strategic advisory, managing a total of $162 billion in assets, a substantial increase from $14.6 billion in 2024, highlighting its strong growth momentum in the independent RIA market.
- Rising Market Demand: The total number of RIA transactions exceeded 300 in 2025, driven in part by over 100,000 advisors expected to exit the industry over the next decade, many lacking clear succession plans, making M&A a primary tool for addressing retirement and succession challenges.
- New Initiatives Launched: To celebrate its third anniversary, Dynasty Investment Bank launched

- Guidance Increase: Abacus Global Management raised its 2026 adjusted net income guidance from $96 million-$104 million to $100 million-$106 million, reflecting significant improvements in fundraising and policy review speed, which are expected to enhance shareholder returns and market confidence.
- Strong Fundraising: The company successfully raised $288 million in Q1, an increase from $275 million in the previous quarter, while reviewing nearly 9,000 qualified policies, indicating robust market demand and the company's competitive position in the industry.
- Cash Flow Improvement: Operating cash flow reached $91.7 million in Q1, a significant recovery from a negative $61.6 million in the same quarter last year, demonstrating successful financial management and operational efficiency, which strengthens future investment and expansion capabilities.
- Strategic Development Outlook: Management expects Q2 adjusted net income to be between $24 million and $26 million, with plans for a second significant securitization in late Q2 or early Q3, showcasing the company's proactive approach to market expansion and product promotion.
- JPMorgan Target Price Adjustment: JPMorgan has reduced its target price for Barrick Mining from $66 to $58.
- Market Impact: This adjustment reflects changes in market conditions and expectations for Barrick Mining's performance.

Extension Requested: A request has been made for an extension until 2027 to comply with certain regulations.
Citing Constraints: The request cites listing-related constraints as the reason for the extension.
- Price Increase Announcement: Barrick Mining has raised its target price for shares of Bernstein from $62.5 to $66.
- Market Impact: This adjustment reflects a positive outlook on Barrick Mining's performance and potential growth in the market.







