The deal priced below last closing price of $8.71. Piper Sandler, TD Securities, KKR Capital, B. Riley and SG Americas are acting as joint book running managers for the offering.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ABL:
- Abacus Life announces offering of 12.5M shares of common stock
- Abacus Life Faces Integration Challenges and Risks with FCF Acquisition
- Abacus Life price target raised to $13 from $12 at Piper Sandler
- Abacus Life Reports Strong Third Quarter Growth
- Abacus Life reports Q3 adjusted EPS 20c, consensus 13c