Will American Family Mutual Insurance Company complete its acquisition of Bowhead Specialty Holdings on or before 31 December 2026?

Yes if Bowhead Specialty Holdings and/or American Family announce, by press release or SEC filing, that the merger has been completed (closing has occurred) on or before 31 December 2026. An announcement of stockholder approval, regulatory clearance or an expected closing date, without the completion itself, does not count. No completion announced by that date, or a termination of the merger agreement, resolves No.

Announced on 3 August 2026: American Family, through its subsidiary Trident Superior Inc., acquires Bowhead for $34.00 per share in cash (about $1.2 billion), with closing targeted before the end of 2026 (Business Wire release). The definitive proxy statement (SEC, DEFM14A) sets the stockholder meeting for 13 November 2026 and says the HSR waiting period expired on 28 September 2026 and the Texas Department of Insurance issued a non-objection letter on 15 September 2026; the application to the Wisconsin Office of the Commissioner of Insurance was filed on 28 August 2026 and the excerpt read does not confirm a decision. The outside date is 2 April 2027, extendable to 2 June 2027. American Family is already a minority stockholder and the filings include a Schedule 13E-3, so further stockholder-approval conditions may apply; the part of the proxy after its first 100,000 characters was not read.

Outcome of the Wisconsin insurance regulator approval and the result of the November 13 stockholder vote