Ambac Announces Meeting and Record Date for 2025 Annual Meeting of Stockholders

Rhea-AI Summary

Ambac Financial Group (NYSE: AMBC) has announced the details for its 2025 Annual Meeting of Stockholders. The meeting is scheduled for Wednesday, May 28, 2025 at 11 a.m. (ET) and will be conducted in a virtual format. The company has set April 3, 2025 as the record date for determining stockholder eligibility to receive notice and voting rights for the annual meeting. Additional information about the Annual Meeting will be provided in the upcoming proxy statement and related materials.

NEW YORK--(BUSINESS WIRE)-- Ambac Financial Group, Inc. (NYSE: AMBC), an insurance holding company, today announced that Ambac’s 2025 Annual Meeting of Stockholders will be held on Wednesday, May 28, 2025 at 11 a.m. (ET). The meeting will be held in a virtual format. The record date for determining stockholders entitled to notice of, and to vote at, the annual meeting will be the close of business on April 3, 2025.

Further information regarding the Annual Meeting will be set forth in the proxy statement and other proxy materials for the Annual Meeting.

About Ambac

Ambac Financial Group, Inc. (“Ambac” or “AFG”) is an insurance holding company headquartered in New York City. Ambac’s core business is a growing specialty P&C distribution and underwriting platform. Ambac also has a legacy financial guaranty business in run off. Ambac’s common stock trades on the New York Stock Exchange under the symbol “AMBC”. Ambac is committed to providing timely and accurate information to the investing public, consistent with our legal and regulatory obligations. To that end, we use our website to convey information about our businesses, including the anticipated release of quarterly financial results, quarterly financial, statistical and business-related information. For more information, please go to www.ambac.com.

The Amended and Restated Certificate of Incorporation of Ambac contains substantial restrictions on the ability to transfer Ambac’s common stock. Subject to limited exceptions, any attempted transfer of common stock shall be prohibited and void to the extent that, as a result of such transfer (or any series of transfers of which such transfer is a part), any person or group of persons shall become a holder of 5% or more of Ambac’s common stock or a holder of 5% or more of Ambac’s common stock increases its ownership interest.

Source: Ambac Financial Group, Inc.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250325509544/en/

Investors:

Charles Sebaski

Managing Director, Investor Relations

csebaski@ambac.com

Media:

Kate Smith

Director, Corporate Communications

ksmith@ambac.com

Source: Ambac Financial Group, Inc.

FAQ

When is Ambac Financial Group's (AMBC) 2025 Annual Stockholder Meeting?

Ambac's 2025 Annual Meeting is scheduled for Wednesday, May 28, 2025 at 11 a.m. ET.

What is the record date for AMBC's 2025 Annual Meeting?

The record date is April 3, 2025, at the close of business.

Will AMBC's 2025 Annual Meeting be held in person?

No, the meeting will be held in a virtual format.

Where can shareholders find additional information about AMBC's 2025 Annual Meeting?

Additional information will be provided in the proxy statement and other proxy materials for the Annual Meeting.