NEW YORK–(BUSINESS WIRE) – Ambac Monetary Group, Inc. (NYSE: AMBC), a monetary providers holding firm, in the present day introduced that Ambac 2021’s annual assembly of shareholders will likely be held on Tuesday, Might 25, 2021 at 10:30 a.m. (ET). The assembly will likely be held in a digital format and will likely be accessible at www.virtualshareholdermeeting.com/AMBC2021. The reference date for figuring out the shareholders entitled to name and vote on the annual assembly would be the shut of enterprise on March 30, 2021. Shareholders won’t be able to attend the annual assembly in individual.
Additional data concerning the annual assembly will likely be offered within the proxy round and different proxy supplies for the annual assembly.
Ambac Monetary Group, Inc. (“Ambac” or “AFG”), headquartered in New York, is a monetary providers holding firm. Ambac subsidiaries embrace: Ambac Assurance Company and Ambac Assurance UK Restricted, monetary assure insurance coverage firms at present in liquidation; Everspan Indemnity Insurance coverage Firm and Everspan Insurance coverage Firm, insurers specializing in harm applications; and Xchange Advantages, LLC and Xchange Affinity Underwriting Company, LLC, Property & Casualty Managing Normal Underwriters. Ambac frequent inventory trades on the New York Inventory Trade below the image “AMBC”. Ambac’s amended and restated certificates of incorporation incorporates substantial restrictions on the flexibility to switch Ambac frequent inventory. Topic to restricted exceptions, any try and switch Widespread Shares will likely be prohibited and void to the extent that, following such switch (or any collection of transfers of which such switch is a component), any individual or group of individuals will turn into a holder of 5% or extra of the atypical shares of Ambac or a holder of 5% or extra of the atypical shares of Ambac will increase its stake. Ambac is dedicated to offering well timed and correct data to the investing public, in accordance with our authorized and regulatory obligations. To this finish, we use our web site to transmit details about our actions, together with the deliberate launch of quarterly monetary outcomes, quarterly monetary, statistical and enterprise data. For extra data, go to www.ambac.com.