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SiriusPoint (SPNT) to redeem 8M Series B preferred shares and delist issue

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

SiriusPoint Ltd. has announced the full redemption of all 8,000,000 of its 8.00% Resettable Fixed Rate Preferred Shares, Series B. The redemption will occur on February 26, 2026, retiring this entire preferred share series.

The company also stated its intent to delist and deregister the Series B Preference Shares from the New York Stock Exchange and under U.S. securities laws. These steps consolidate its capital structure by removing this listed preferred security from public trading.

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SiriusPoint Ltd false 0001576018 0001576018 2026-01-29 2026-01-29 0001576018 us-gaap:CommonStockMember 2026-01-29 2026-01-29 0001576018 us-gaap:SeriesBPreferredStockMember 2026-01-29 2026-01-29
 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): January 29, 2026 (January 29, 2026)

 

 

SIRIUSPOINT LTD.

(Exact name of registrant as specified in its charter)

 

 

 

Bermuda   001-36052   98-1599372
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (I.R.S. Employer
Identification No.)

Point Building

3 Waterloo Lane

Pembroke HM 08 Bermuda

(Address of principal executive offices and Zip Code)

Registrant’s telephone number, including area code: +1 441 542-3300

Not Applicable

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
symbol(s)

 

Name of each exchange
on which registered

Common Shares, $0.10 par value   SPNT   New York Stock Exchange
8.00% Resettable Fixed Rate Preference Shares, Series B, $0.10 par value, $25.00 liquidation preference per share   SPNT PB   New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Exchange Act of 1934 (17 CFR 240.12b-2).

Emerging growth company 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 
 


Item 8.01

Other Events

On January 29, 2026, SiriusPoint Ltd. issued a press release announcing (i) the full redemption on February 26, 2026 of all 8,000,000 of its issued and outstanding 8.00% Resettable Fixed Rate Preferred Shares, Series B (the “Series B Preference Shares”) and (ii) its intent to delist and deregister the Series B Preference Shares. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

 

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits:

 

Exhibit

No.

   Description
99.1    Press Release, dated January 29, 2026.
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: January 29, 2026    

/s/ Edward Park

      Name: Edward Park
      Title:  Treasurer

FAQ

What did SiriusPoint Ltd. (SPNT) announce regarding its Series B Preference Shares?

SiriusPoint Ltd. announced it will fully redeem all 8,000,000 of its 8.00% Resettable Fixed Rate Preferred Shares, Series B, on February 26, 2026. The company also plans to delist and deregister this preferred share series from public trading.

How many SiriusPoint (SPNT) Series B Preference Shares are being redeemed?

SiriusPoint is redeeming all 8,000,000 issued and outstanding 8.00% Resettable Fixed Rate Preferred Shares, Series B. This action removes the entire Series B preferred class from its capital structure once the redemption is completed on February 26, 2026.

When will the SiriusPoint (SPNT) Series B Preference Shares be fully redeemed?

The full redemption of SiriusPoint’s 8.00% Resettable Fixed Rate Preferred Shares, Series B, is scheduled for February 26, 2026. On that date, all 8,000,000 issued and outstanding Series B Preference Shares are expected to be redeemed and removed from circulation.

Will SiriusPoint (SPNT) Series B Preference Shares remain listed on the NYSE?

SiriusPoint stated it intends to delist the 8.00% Resettable Fixed Rate Preferred Shares, Series B, from the New York Stock Exchange. The company also plans to deregister this series, meaning it will no longer be registered under U.S. securities laws once the process is completed.

What type of security is SiriusPoint (SPNT) redeeming and delisting?

SiriusPoint is redeeming and planning to delist its 8.00% Resettable Fixed Rate Preferred Shares, Series B, which are preference shares with a $0.10 par value and a $25.00 liquidation preference per share, previously traded on the New York Stock Exchange as SPNT PB.

Where can investors find more details about SiriusPoint’s (SPNT) redemption announcement?

Details are provided in a press release dated January 29, 2026, referenced as Exhibit 99.1. The press release, incorporated by reference, expands on the full redemption of 8,000,000 Series B Preference Shares and the intent to delist and deregister this preferred security.
Siriuspoint Ltd

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