Summary of Abacus Global Management’s Response and Update
Abacus Global Management ( NASDAQ: ABL ) has addressed a recent false and misleading short claim from a short-sold investor, asserting that their claims are a copy and paste of a competitor’s success story. Abacus boasts a proven track record, with over two decades of buying and selling life insurance policies and nearly 20 years of trusted counter-party relationships. While their realized gains in the first quarter were robust, exceeding 40% with capital of 126 million, these results are within a margin of error of a 2% range from the prior quarter. This consistency provides strong credentials for their investment performance.
Abacus expects this success to be driven by their ability to consistently deliver positive realized returns, securing a bullish outlook and continuing growth. The company’s focus on data-driven solutions, financial innovation, and protecting the assets of its customers reflects a commitment to resilience and differentiation. These strategies align with Abacus’s ability to sustain long-term success and outperform competitors.
Abacus maintains a position in nearly every state, which underscores its increased regulatory scrutiny amid stricter compliance. As a top player in the alternative asset management space, Abacus has garnered higher-than-private competition, positioning it as a leader in the market. The company’s commitment to legal and regulatory compliance is evident as they pursue all available remedies to address any oversight or slander from 𝚀;
Forward-Lookning Statements
All statements in this press release (and oral statements made regarding the subjects of this press release) other than historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements rely on assumptions concerning future events and are subject to uncertainties and factors that could affect actual results from such statements, many of which are outside the control of Abacus. The company cautions readers not to rely solely on these forward-looking statements, acknowledging inherent risks associated with extrapolating past performance. Abacus is committed to pursuing all legal avenues, including remedies, to address any damages or misleading indicators raised by the short seller.
Forward-Looking Statements Continued
Forward-looking statements from this document include intentions for future strategies, financial targets, and risks under the supervision of the SEC. readers are advised not to rely on these forward-looking statements, which are based on current or projected information, and that Abacus takes no obligation or is not an adamant at updating or revising them in response to new information. Similar to the other forward-looking statements, these writings do not represent a promise of performance or results. This Toolkit topics are protected by Section 10(a) of the Dodd-Frank Act.