Skyward Specialty Insurance Group, Inc. 8-K

What Happened Skyward Specialty Insurance Group, Inc. filed an 8-K (Jan 6, 2026) reporting that it completed transactions related to the purchase of shares in Apollo Group Holdings Limited under sale-and-purchase agreements dated September 2, 2025 (incorporated by reference to the Company’s prior 8-K filed Sept 8, 2025). The company also entered into a Term Loan Credit Agreement and a related Guaranty Agreement dated December 30, 2025 that create a direct financial obligation for Skyward. Barclays Bank PLC is named as Administrative Agent; Truist Securities, Citizens Bank, N.A. and Texas Capital Bank are listed as joint lead arrangers and joint bookrunners.

Key Details

• Agreements for the Apollo Group Holdings Limited share purchases are dated September 2, 2025 (incorporated by reference from the Company’s Sept 8, 2025 8-K) — Exhibits 2.1 and 2.2.
• Term Loan Credit Agreement dated December 30, 2025 (Exhibit 10.1) establishes a direct financial obligation and lists Barclays as Administrative Agent.
• Guaranty Agreement dated December 30, 2025 (Exhibit 10.2) was also executed by Skyward and related parties.
• The filing covers Items 1.01 (material agreement), 2.01 (completion of acquisition), 2.03 (creation of direct financial obligation), and 3.02 (unregistered sales of equity securities); financial statements and pro forma information will be filed by amendment within 71 days (Item 9.01).

Why It Matters This 8-K notifies investors that Skyward has finalized share purchase arrangements tied to Apollo Group Holdings and has taken on a new term loan and guaranty as of Dec 30, 2025. The company will provide financial statements and pro forma disclosures within the required 71-day amendment period to show the transaction’s impact on Skyward’s financial position, indebtedness and equity, which are key for assessing future leverage, liquidity and potential shareholder dilution.