Baldwin Insurance Group Files 8-K
Ticker: BWIN · Form: 8-K · Filed: May 16, 2024 · CIK: 1781755
| Field | Detail |
|---|---|
| Company | Baldwin Insurance Group, Inc. (BWIN) |
| Form Type | 8-K |
| Filed Date | May 16, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $600 million, $840 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: disclosure, financial-exhibits
TL;DR
Baldwin Insurance Group (fka BRP Group) filed an 8-K on May 16th for an event on May 10th. Standard disclosure.
AI Summary
Baldwin Insurance Group, Inc. (formerly BRP Group, Inc.) filed an 8-K on May 16, 2024, reporting an event on May 10, 2024. The filing primarily concerns Regulation FD Disclosure and Financial Statements and Exhibits, with no specific financial figures or material events detailed in the provided text.
Why It Matters
This filing indicates a regulatory disclosure and submission of financial exhibits by Baldwin Insurance Group, Inc., formerly known as BRP Group, Inc.
Risk Assessment
Risk Level: low — The filing is a standard 8-K for disclosures and exhibits, with no immediate indication of significant financial changes or risks.
Key Players & Entities
- Baldwin Insurance Group, Inc. (company) — Registrant
- BRP Group, Inc. (company) — Former company name
- May 10, 2024 (date) — Date of earliest event reported
- May 16, 2024 (date) — Date of report
- 001-39095 (other) — SEC File Number
- 61-1937225 (other) — IRS Employer Identification No.
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is for Regulation FD Disclosure and to report Financial Statements and Exhibits.
What was Baldwin Insurance Group, Inc. previously known as?
Baldwin Insurance Group, Inc. was formerly known as BRP Group, Inc.
On what date was the earliest event reported in this filing?
The earliest event reported in this filing occurred on May 10, 2024.
When was this 8-K form filed with the SEC?
This 8-K form was filed as of May 16, 2024.
What is the principal executive office address for Baldwin Insurance Group, Inc.?
The principal executive office address is 4211 W. Boy Scout Blvd., Suite 800, Tampa, Florida 33607.
Filing Stats: 1,228 words · 5 min read · ~4 pages · Grade level 12.9 · Accepted 2024-05-16 08:09:31
Key Financial Figures
- $0.01 — stered Class A Common Stock, par value $0.01 per share BRP Nasdaq Global Select
- $600 million — the initial purchasers named therein of $600 million aggregate principal amount of the issue
- $840 million — dwin Holdings successfully priced a new $840 million senior secured first lien term loan fac
Filing Documents
- d809190d8k.htm (8-K) — 31KB
- d809190dex991.htm (EX-99.1) — 10KB
- d809190dex992.htm (EX-99.2) — 23KB
- g809190g0516035756676.jpg (GRAPHIC) — 3KB
- g809190g0516064630966.jpg (GRAPHIC) — 3KB
- 0001193125-24-140051.txt ( ) — 205KB
- brp-20240510.xsd (EX-101.SCH) — 3KB
- brp-20240510_lab.xml (EX-101.LAB) — 18KB
- brp-20240510_pre.xml (EX-101.PRE) — 11KB
- d809190d8k_htm.xml (XML) — 4KB
Forward-looking statements
Forward-looking statements This report may contain various "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which represent our expectations or beliefs concerning future events. Forward-looking statements are statements other than historical facts and may include statements that address the Company's future operating, financial or business performance or our strategies, expectations, anticipated achievements or ability to raise or refinance debt. In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "projects," "potential," "outlook" or "continue," or the negative of these terms or other comparable terminology. Forward-looking statements are based on management's current expectations and beliefs and involve significant risks and uncertainties that could cause actual results, developments and business decisions to differ materially from those contemplated by these statements. Factors that could cause actual results or performance to differ from the expectations expressed or implied in such forward-looking statements include, but are not limited to, those described under the caption "Risk Factors" in Baldwin's Annual Report on Form 10-K for the year ended December 31, 2023 and in Baldwin's other filings with the U.S. Securities and Exchange Commission (the "SEC"), which are available free of charge on the SEC's website at: www.sec.gov, including those risks and other factors relevant to the Company's business, financial condition and results of operations, and the risk that Baldwin Holdings will not be able to complete the transactions described above in a timely manner or at all, the risk that Baldwin Holdings will be unable to satisfy the conditions to the closing of the new credit facilities and the offering of the new notes, and the risk that Baldwin Holdings will be unable
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press release of The Baldwin Insurance Group, Inc., dated May 10, 2024, relating to the pricing of the new notes 99.2 Press release of The Baldwin Insurance Group, Inc., dated May 16, 2024, relating to the pricing of the new credit facilities 104 Cover Page Interactive Data File (embedded within the inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE BALDWIN INSURANCE GROUP, INC. Date: May 16, 2024 By: /s/ Bradford L. Hale Name: Bradford L. Hale Title: Chief Financial Officer