SiriusPoint Confirms NYSE Listing for Common & Series B Preference Shares
Ticker: SPNT · Form: 8-K · Filed: Feb 5, 2024 · CIK: 1576018
| Field | Detail |
|---|---|
| Company | Siriuspoint Ltd (SPNT) |
| Form Type | 8-K |
| Filed Date | Feb 5, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.10, $25.00, $0.50 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: corporate-governance, security-listing, regulatory-filing
TL;DR
**SiriusPoint just confirmed its common and Series B preference shares are still listed on the NYSE.**
AI Summary
SiriusPoint Ltd. filed an 8-K on February 5, 2024, to update its registered securities on the New York Stock Exchange. The filing confirms that its Common Shares, with a $0.10 par value, and its 8.00% Resettable Fixed Rate Preference Shares, Series B, also with a $0.10 par value and $25.00 liquidation preference, are actively traded. This matters to investors as it reaffirms the liquidity and public trading status of these specific share classes, which is fundamental for buying and selling the stock.
Why It Matters
This filing confirms the continued listing of SiriusPoint's shares on the NYSE, ensuring transparency and liquidity for investors.
Risk Assessment
Risk Level: low — This filing is a routine update confirming existing security listings and does not introduce new risks.
Analyst Insight
A smart investor would note this routine filing confirms the continued public trading of SiriusPoint's shares, ensuring market access and liquidity, but it doesn't present new information to drive immediate trading decisions.
Key Numbers
- $0.10 — par value (for both Common Shares and Series B Preference Shares)
- $25.00 — liquidation preference (for Series B Preference Shares)
- 8.00% — fixed rate (for Series B Preference Shares)
Key Players & Entities
- SiriusPoint Ltd. (company) — registrant
- New York Stock Exchange (company) — exchange where securities are registered
- $0.10 (dollar_amount) — par value of Common Shares and Series B Preference Shares
- $25.00 (dollar_amount) — liquidation preference of Series B Preference Shares
- 8.00% (dollar_amount) — fixed rate of Resettable Fixed Rate Preference Shares, Series B
FAQ
What is the par value of SiriusPoint Ltd.'s Common Shares?
According to the filing, the Common Shares of SiriusPoint Ltd. have a par value of $0.10.
On which exchange are SiriusPoint Ltd.'s securities registered?
The filing states that SiriusPoint Ltd.'s securities are registered on the New York Stock Exchange.
What is the fixed rate for SiriusPoint Ltd.'s Resettable Fixed Rate Preference Shares, Series B?
The filing specifies that the Resettable Fixed Rate Preference Shares, Series B, have an 8.00% fixed rate.
What is the liquidation preference for the Series B Preference Shares?
The Series B Preference Shares have a $25.00 liquidation preference, as noted in the filing.
What was the earliest event reported date for this 8-K filing?
The earliest event reported date for this 8-K filing was February 1, 2024, as stated in the document.
Filing Stats: 487 words · 2 min read · ~2 pages · Grade level 9.3 · Accepted 2024-02-02 18:09:40
Key Financial Figures
- $0.10 — nge on which registered Common Shares, $0.10 par value SPNT New York Stock Exchange
- $25.00 — nce Shares, Series B, $0.10 par value, $25.00 liquidation preference per share SPNT P
- $0.50 — . approved a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed
Filing Documents
- tpre-20240201.htm (8-K) — 30KB
- siriuspointannouncesdivide.htm (EX-99.1) — 5KB
- aquasignaturelogoa.jpg (GRAPHIC) — 6KB
- 0001576018-24-000005.txt ( ) — 208KB
- tpre-20240201.xsd (EX-101.SCH) — 3KB
- tpre-20240201_def.xml (EX-101.DEF) — 6KB
- tpre-20240201_lab.xml (EX-101.LAB) — 31KB
- tpre-20240201_pre.xml (EX-101.PRE) — 18KB
- tpre-20240201_htm.xml (XML) — 4KB
01 Other Events
Item 8.01 Other Events. On February 1, 2024, the Board of Directors of SiriusPoint Ltd. approved a quarterly cash dividend of $0.50 per share on its 8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value, $25.00 liquidation preference per share payable on February 29, 2024 to Series B shareholders of record as of February 14, 2024. A copy of the press release is attached hereto as Exhibit 99.1.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated February 2 , 202 4 , announcing the quarterly dividend on the 8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE 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. Date: February 2, 2024 /s/ Scott Egan Name: Scott Egan Title: Chief Executive Officer