Ambac Financial Group Files 8-K Amendment

Ticker: OSG · Form: 8-K/A · Filed: Jun 5, 2024 · CIK: 874501

Ambac Financial Group Inc 8-K/A Filing Summary
FieldDetail
CompanyAmbac Financial Group Inc (OSG)
Form Type8-K/A
Filed DateJun 5, 2024
Risk Levellow
Pages4
Reading Time5 min
Key Dollar Amounts$0.01
Sentimentneutral

Sentiment: neutral

Topics: amendment, disclosure

Related Tickers: AMBC

TL;DR

Ambac filed an amendment to a prior report - check for updates.

AI Summary

Ambac Financial Group, Inc. filed an amendment (8-K/A) on June 5, 2024, to a previous report dated June 4, 2024. This amendment pertains to "Other Events" and "Financial Statements and Exhibits." The filing does not provide specific new financial details or event descriptions in the provided text, but indicates a modification to a prior report.

Why It Matters

This filing indicates Ambac Financial Group is amending a previous report, suggesting a need for correction or additional information, which could be relevant to investors monitoring the company's disclosures.

Risk Assessment

Risk Level: low — The filing is an amendment to a previous report and does not introduce new material risks or significant financial changes in the provided text.

Key Players & Entities

  • Ambac Financial Group, Inc. (company) — Registrant
  • June 5, 2024 (date) — Filing date of the amendment
  • June 4, 2024 (date) — Date of the earliest event reported

FAQ

What is the purpose of this 8-K/A filing?

This 8-K/A filing is an amendment to a previously filed Form 8-K, specifically addressing 'Other Events' and 'Financial Statements and Exhibits'.

What is the filing date of this amendment?

The amendment was filed on June 5, 2024.

What is the date of the earliest event reported in this filing?

The earliest event reported is dated June 4, 2024.

What is the company's principal executive office address?

The principal executive offices are located at One World Trade Center, New York, NY 10007.

What is Ambac Financial Group's IRS employer identification number?

The IRS employer identification number for Ambac Financial Group is 13-3621676.

Filing Stats: 1,313 words · 5 min read · ~4 pages · Grade level 12.5 · Accepted 2024-06-05 16:37:50

Key Financial Figures

  • $0.01 — ich registered Common stock, par value $0.01 per share AMBC New York Stock Exchange

Filing Documents

01. Other Events

Item 8.01. Other Events. As previously disclosed, on June 5, 2024, Ambac Financial Group, Inc. (the "Company") entered into the AAC Sale Agreement, which is filed as Exhibit 2.1 to this Current Report on Form 8-K/A. Additional Information and Where to Find It In connection with the AAC Transaction, the Company will file with the SEC and furnish to the Company's stockholders a proxy statement. BEFORE MAKING ANY VOTING DECISION, THE COMPANY'S STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT IN ITS ENTIRETY WHEN IT BECOMES AVAILABLE AND ANY OTHER DOCUMENTS TO BE FILED WITH THE SEC IN CONNECTION WITH THE AAC TRANSACTION OR INCORPORATED BY REFERENCE IN THE PROXY STATEMENT (IF ANY) BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE AAC TRANSACTION AND THE PARTIES TO THE AAC TRANSACTION. Investors and stockholders may obtain a copy of documents filed by the Company with the SEC at the SEC's website at http://www.sec.gov. In addition, investors and stockholders may obtain a free copy of the Company's filings with the SEC from the Company's website at https://ambac.com/investor-relations. Participants in the Solicitation The Company and certain of its directors and executive officers may be deemed to be participants in the solicitation of proxies in respect of the AAC Transaction. Information about the directors and executive officers of the Company is set forth in its definitive proxy statement, which AFG filed with the SEC on April 26, 2024. Investors may obtain additional information regarding the interests of such participants by reading the proxy statement and other relevant materials regarding the proposed transaction when they become available.

Forward-Looking Statements

Forward-Looking Statements In this report, there are statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as "estimate," "project," "plan," "believe," "anticipate," "intend," "planned," "potential" and similar expressions, or future or conditional verbs such as "will," "should," "would," "could," and "may," or the negative of those expressions or verbs, identify forward-looking statements. We caution readers that these statements are not guarantees of future performance. Forward-looking statements are not historical facts but instead represent only our beliefs regarding future events, which may by their nature be inherently uncertain and some of which may be outside our control. These statements may relate to plans and objectives with respect to the future, among other things which may change. We are alerting you to the possibility that our actual results may differ, possibly materially, from the expected objectives or anticipated results that may be suggested, expressed or implied by these forward-looking statements. Important factors that could cause our results to differ, possibly materially, from those indicated in the forward-looking statements, include, among others, those discussed under "Risk Factors" in our most recent SEC filed quarterly or annual report, the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the parties to terminate the AAC Transaction Purchase Agreement and the Beat Transaction Purchase Agreement (each a " Transaction " and together, the " Transactions "); the outcome of any legal proceedings that may be instituted against the parties to the Transactions; the failure to obtain necessary regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of t

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits. The following exhibit is filed as part of this Current Report on Form 8-K: 1 EXHIBIT INDEX Exhibit Number Exhibit Description 2.1 Share Purchase Agreement, by and between Ambac Financial Group, Inc. and American Acorn Corporation, dated as of June 4, 2024.* 101.INS XBRL Instance Document - the instance document does not appear in the interactive Data File because its XBRL tags are embedded within the Inline XBRL document. 101.SCH XBRL Taxonomy Extension Schema Document. 101.CAL XBRL Taxonomy Extension Calculation Linkbase Document. 101.LAB XBRL Taxonomy Extension Label Linkbase Document. 101.PRE XBRL Taxonomy Extension Presentation Linkbase Document. 101.DEF XBRL Taxonomy Extension Definition Linkbase Document. 104 Cover Page Interactive Data File - The cover page interactive data file does not appear in the Interactive Data File because its XBRL tags or embedded within the Inline XBRL document * Certain schedules and other similar attachments to such agreement have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company will furnish a copy of such omitted documents to the SEC upon request.

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. Ambac Financial Group, Inc. (Registrant) Dated: June 5, 2024 By: /s/ William J. White William J. White First Vice President, Secretary and Assistant General Counsel 1

View Full Filing

View this 8-K/A filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.