East Resources Acquisition Co - Ordinary Shares - Class A

NASDAQ:ERES   2:16:47 PM EDT
10.05
+0.01 (+0.10%)
Exchange Changes, Equity Financing / Related, Initial Public Offerings

Abacus Life To Become Public Company

Published: 08/30/2022 11:01 GMT
East Resources Acquisition Co - Ordinary Shares - Class A (ERES) - Abacus Life, a Leading Buyer of Life Insurance Policies and Vertically Integrated Alternative Asset Manager, to Become Public Company.
East Resources Acquisition Co - Transaction Implies Pro-forma Enterprise Value of $618 Million.
East Resources Acquisition Co - Combined Company's Shares of Common Stock Expected to List Under Ticker Symbol "abal".
East Resources Acquisition Co - Upon Closing of Transaction, Combined Company Will Be Named Abacus Life, Inc.east Resources Acquisition Co - Abacus Owners Will Roll 100% of Their Existing Equity Holdings Into Combined Company.
East Resources Acquisition Co - Abacus Owners Are Expected to Own Approximately 70% of Combined Company.
East Resources Acquisition Co - Post Deal Closing, Existing Management Team of Abacus, Led by CEO Jay Jackson, to Continue to Operate, Manage Abacus.