Replies to post #10027 on Ambac Financial Group Inc (AMBC)

[monda2frida]

existing shares are gone, new shares will be issued

[monda2frida]

ABKFQ: "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."