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Security Profile
- Security Type
- Common Stock
- CUSIP
- 023139884
- Market Cap
- Mid Cap
- Previous Symbol
- AMBC (changed 8/28/2026)
- Previous Name
- Ambac Financial Group, Inc.
Business: Octave Specialty Group is a holding company whose subsidiaries, including its principal operating subsidiary, Ambac Assurance Corporation, Everspan Financial Guarantee Corporation, and Ambac Assurance UK Limited, provided financial guarantees and other financial services to clients in both the public and private sectors globally. Ambac Assurance, including the Segregated Account of Ambac Assurance (in rehabilitation), is a guarantor of public finance and structured finance obligations. Ambac is also exploring opportunities involving the development or acquisition of new financial services businesses.
Notes: April 29, 2013 -- Ambac Positioned to Emerge From Bankruptcy. Pursuant to the Bankuptcy Plan, Ambac will distribute 45,000,000 new common shares and 5,047,138 new warrants to holders of allowed claims, in full and final satisfaction of such claims, on the Effective Date. In addition, all existing common stock of the company will be cancelled on the Effective Date and the holders of such stock will not receive any distributions under the Plan. Ambac has received approval from the NASDAQ OMX Group to list the New Common and New Warrants on the NASDAQ Global Select Market, as of the Effective Date, under the ticker symbols AMBC and AMBCW, respectively._______________ November 10, 2010 --Ambac Financial Group, Inc. today announced that shares of the company's common stock and the shares of its equity units that previously were listed and traded on the New York Stock Exchange under symbol ABK began trading exclusively on the over-the-counter (OTC) market yesterday, November 9, 2010 under symbol ABKOQ.
Company Contact
- CEO
- Claude LeBlanc
- CFO
- David Trick
- Headquarters
- One World Trade Center , New York NY 10007
- Phone
- 212-658-7470
- Investor Relations
- Karen Beyer · 212-208-3222 · kbeyer@octavegroup.com