Abacus Life, Inc. (NASDAQ: ABL), an alternative asset manager specializing in longevity and actuarial technology, announced the closing of its oversubscribed underwritten public offering of 12,500,000 shares of its common stock, consisting of 10,000,000 shares of its common stock sold by the Company and 2,500,000 shares of common stock sold by certain stockholders of the Company.
Latham & Watkins LLP represents Abacus in the offering with a capital markets team led by Houston partner Ryan Maierson, with New York associate Abid Ahmed and Houston associate Govin Kaggal. Advice was also provided on tax matters by Houston partners Bryant Lee and Jim Cole, with associate Dylan White; and on compensation and benefits matters by Los Angeles/Orange County partner Michelle Carpenter.