Latham & Watkins Advises Abacus Global Management in Exchange Offer and Consent Solicitation
Abacus Global Management, Inc. (Abacus or the Company) (NASDAQ: ABL), a leader in the alternative asset management space, announced the completion of its exchange offer and consent solicitation relating to its (i) outstanding public warrants and (ii) outstanding private placement warrants to purchase shares of common stock of the Company. The elimination of the outstanding warrants will allow the company to simplify its capital structure.
Latham & Watkins LLP represented Abacus in the transaction with a corporate team led by Houston partner Ryan Maierson, with associates Abid Ahmed, Caitlyn Fiebrich, Cooper Shear, Mary Kline, and Riann Winget. Advice was also provided on tax matters by Houston partners Jim Cole and Bryant Lee, with associate Dominick Constantino.