Welcome to our dedicated page for Ambac Finl Group SEC filings (Ticker: AMBC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Octave Specialty Group filings document the public-company reporting of the former Ambac Financial Group following its shift to a specialty insurance platform. The record includes 8-K reports for quarterly results and material agreements, with disclosures on P&C premium production, insurance distribution revenue, acquisition integration, and credit agreement amendments involving operating subsidiaries such as Octave Partners, Cirrata entities and ArmadaCare.
Proxy materials describe board matters, executive compensation, equity awards and shareholder voting items. The filings also provide formal disclosures on governance, capital structure, financing arrangements, and the company's insurance distribution and specialty property-and-casualty operations.
Ambac Financial Group, Inc. (AMBC) disclosed that the buyer in its announced acquisition entered a Commitment Letter with Truist Securities and Truist Bank for senior secured credit facilities totaling $120,000,000—a $100,000,000 term loan and a $20,000,000 revolving credit facility. The buyer expects to obtain the first-lien term loan before or substantially concurrent with closing and plans to use proceeds to finance part of the purchase price, pay transaction fees and provide working capital.
The Commitment Letter is conditional and may not close as anticipated; it expires on the earlier of February 2, 2026, the acquisition closing (with or without the facilities), or termination of the acquisition agreement. The filing includes standard forward-looking statements and cautions that actual results may differ due to regulatory, legal, or other contingencies.
Ambac Financial Group completed the sale of its wholly owned subsidiary Ambac Assurance Corporation to Acorn for $420,000,000 in cash, subject to adjustments, on September 29, 2025. Concurrent with the closing, the company issued a warrant to the investor exercisable for 5,092,707 shares of Ambac common stock. The warrant includes staged conversion windows beginning after the six-month lock-up termination and limits conversion frequency and size, and the company may elect to settle conversions in stock, cash based on a Black-Scholes valuation, or a combination.
The total cash and stock consideration the company may pay upon conversion of the warrant is capped at $70 million in the aggregate. The warrant and related Warrant Shares were issued in reliance on Section 4(a)(2) exemptions. The transaction and investor rights are described as governed by referenced agreements incorporated by exhibit.
SIG Brokerage, LP and Susquehanna Securities, LLC filed a Schedule 13G reporting collective beneficial ownership of 2,378,783 shares of Ambac Financial Group, Inc., representing 5.1% of the outstanding common stock. The filing states the reported totals incorporate options to acquire 12,500 shares by SIG Brokerage and 1,423,200 shares by Susquehanna Securities. The company had 46,427,421 shares outstanding as of May 9, 2025, per the filing's incorporated quarterly report.
The reporting entities are Delaware-organized broker-dealers with a Bala Cynwyd, PA principal office. They certify the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
LeBlanc Claude, serving as Chief Executive Officer and a Director of Ambac Financial Group, Inc. (AMBC), reported a purchase of 25,000 shares of AMBC common stock on 08/11/2025 at a price of $7.03 per share. After the transaction the filing shows 603,291 shares beneficially owned directly. The disclosure was submitted on a Form 4 and signed by an attorney-in-fact.