Item 2.02 Results of Operations and Financial Condition.

On May 9, 2023, Ambac Financial Group, Inc. issued a press release announcing financial results for its first quarter ended March 31, 2023. Exhibit 99.1 is a copy of such press release and is incorporated by reference.

The information furnished pursuant to this Item 2.02, including Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of Ambac Financial Group, Inc. under the Securities Act of 1933 or the Exchange Act.

Item 9.01 Financial Statements and Exhibits.



(d)  Exhibits

Exhibit
Number         Exhibit Description
99.1           Press Release dated May 9, 2023

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