Boston Omaha Corporation filed an amendment to its current report on October 29, 2026, providing unaudited pro forma financial information following the completed sale of its General Indemnity Group business unit to CopperPoint Insurance Company.

Key Highlights

  • Amendment purpose: The filing amends the initial current report filed October 26, 2026, to supply unaudited pro forma financial information required under Item 9.01(b).
  • Divested business: Boston Omaha sold General Indemnity Group, LLC, BOSS Bonds Insurance Agency, LLC, and United Casualty and Surety Insurance Company as a combined unit.
  • Buyer: The Sale Transaction was completed with CopperPoint Insurance Company under a Securities Purchase Agreement dated May 18, 2026.
  • Pro forma periods covered: The unaudited pro forma financial information covers the years ended December 31, 2025 and December 31, 2024, attached as Exhibit 99.1.
  • Discontinued operations treatment: According to the filing, GIG's financial results were reflected as discontinued operations in Boston Omaha's quarterly report for the periods ended June 30, 2026 and June 30, 2025.
  • Signed by: Joshua P. Weisenburger, Chief Financial Officer of Boston Omaha Corporation.

Boston Omaha Completes Surety Insurance Unit Divestiture, Submits Required Pro Forma Financials

Boston Omaha Corporation (NYSE:BOC), a Delaware-incorporated holding company headquartered at 1601 Dodge Street, Suite 3300, Omaha, Nebraska, disclosed the completion of its exit from the surety insurance segment through the sale of General Indemnity Group, LLC and related entities. The company's surety operations had been conducted through GIG, BOSS Bonds Insurance Agency, LLC, and United Casualty and Surety Insurance Company. The transaction closed on or around October 23, 2026, the date of the earliest event reported in the filing.

The amendment was filed within four business days of the transaction's consummation, consistent with what the filing describes as the requirements of Item 9.01(b)(1). The unaudited pro forma financial information attached as Exhibit 99.1 is presented as of and for the two annual periods ended December 31, 2025 and December 31, 2024, reflecting how Boston Omaha's financial statements would appear absent the divested GIG operations.

According to the filing, Boston Omaha first disclosed the entry into the Securities Purchase Agreement on a separate current report filed May 18, 2026, and reported the transaction's consummation in its initial current report filed October 26, 2026. The company's most recent quarterly report, covering the three- and six-month periods ended June 30, 2026 and June 30, 2025, had already classified GIG's results as discontinued operations, the filing noted.

What Was Disclosed

Boston Omaha Corporation filed Amendment No. 1 to its October 26, 2026 current report to provide unaudited pro forma financial data for fiscal years 2025 and 2024, following the completed sale of its General Indemnity Group surety business unit to CopperPoint Insurance Company.