IPO - EQUITABLE FINANCIAL LIFE INSURANCE CO OF AMERICA

Form Type: S-1/A

Filing Date: 2025-04-22

Corporate Action: Ipo

Type: Update

Accession Number: 000119312525089081

Filing Summary: On April 22, 2025, Equitable Financial Life Insurance Company of America filed a pre-effective amendment to its registration statement under the Securities Act of 1933 for the Market Stabilizer Option® investment product. This filing includes a detailed prospectus, which outlines the features and risks associated with the Market Stabilizer Option® tied to the S&P 500 Price Return index. The product provides a unique investment opportunity allowing policyholders to participate in the performance of the S&P 500 index, with defined limits on growth capped at a minimum rate of 6%. The prospectus covers critical aspects such as the growth cap rate, index-linked returns, downside protection of 25%, early distribution adjustments, and the consequences of negative index performance. The Company emphasizes the risks associated with early withdrawals, indicating substantial potential losses on principal and interest. Additionally, various definitions and terms related to the Market Stabilizer Option and its operational mechanics are clarified within the document.

Form Type: S-1/A

Filing Date: 2025-04-22

Corporate Action: Ipo

Type: New

Accession Number: 000119312525089088

Filing Summary: Equitable Financial Life Insurance Company of America filed a Pre-Effective Amendment No. 1 to its Registration Statement under the Securities Act of 1933. This amendment is related to the Market Stabilizer Option® II, which is an index-linked investment option available under certain variable flexible premium universal life policies. The MSO allows participants to invest in Segments tied to the S&P 500 Price Return Index for one year. Key features include various Growth Cap Rates ranging from 4.25% to 5%, initial participation rates set at 100%, and downside protection buffers ranging from 10% to 20%. This prospectus contains essential risk factors, including potential losses on principal due to negative index performance and adjustments during early distributions. The company emphasizes that its obligations under the MSO are subject to its creditworthiness, and investors are encouraged to consult financial professionals regarding these investment options. The responsibilities of Equitable Financial are clarified, highlighting that no other company has legal responsibility to pay amounts owed under these policies, affirming exclusivity in providing issued insurance contracts and investment options.

Form Type: S-1/A

Filing Date: 2025-04-22

Corporate Action: Ipo

Type: New

Accession Number: 000119312525089096

Filing Summary: Equitable Financial Life Insurance Company of America filed a pre-effective amendment No. 1 to its registration statement under the Securities Act of 1933 on April 22, 2025, indicating an initial public offering of its Market Stabilizer Option® (MSO). The MSO offers participation in the S&P 500 Price Return index, providing potential returns adjusted up to a specified Growth Cap Rate set by the company, which will not be less than 6% during each Segment Term. The document outlines important provisions such as the Downside Protection of -10% against negative index performance and the consequences of Early Distributions which may lead to significant losses in principal and credited interests. The company is classified as a non-accelerated filer with Keith A. Greig serving as the primary contact. The registration is part of a broader strategy to enhance their insurance products available in the market, indicating a proactive approach towards regulatory compliance and investor engagement before the anticipated offering.

Form Type: S-1

Filing Date: 2025-02-14

Corporate Action: Ipo

Type: New

Accession Number: 000119312525027144

Filing Summary: Equitable Financial Life Insurance Company of America filed a registration statement under the Securities Act of 1933 on February 14, 2025. This registration is aimed at a public offering and concerns the Market Stabilizer Option® (MSO), available under certain variable life insurance policies. The MSO allows policyholders to participate in the performance of the S&P 500 Price Return Index, excluding dividends, up to a specified Growth Cap Rate, which is at least 6% and determined by the company at its discretion. The offering also outlines that during a Segment Term (approximately one year), if the Index performs positively relative to the Growth Cap Rate, a full Index performance return is applied, but if it exceeds the Growth Cap Rate, the return is capped. Conversely, in case of negative index performance, specific downside protection measures are enacted, limiting losses but allowing for significant risk exposure. Important terms such as Early Distribution Adjustments and various Index-Linked Returns associated with the investment options are emphasized, highlighting critical risks and performance indicators tied to the MSO. The document indicates that this offering aims at enhancing investment flexibility for clients and emphasizes the company's responsibility for all amounts owed under the policies, ensuring that policy benefits are secure but not insured by the FDIC or other agency.

Form Type: S-1

Filing Date: 2025-02-14

Corporate Action: Ipo

Type: New

Accession Number: 000119312525027146

Filing Summary: Equitable Financial Life Insurance Company of America is filing a Registration Statement under the Securities Act of 1933 for the public offering of securities. The document outlines the Market Stabilizer Option® II, an innovative investment feature linked to the S&P 500 Price Return Index, which offers policyholders the opportunity to engage in index-linked investment options tied to market performance. Key features include Growth Cap Rates, Participation Rates, and Segment Buffers which dictate the investment's performance potential and protection against loss during the Segment Term. The filing informs investors about the complexities and risks associated with these investment options, emphasizing that the securities are not FDIC-insured and carry investment risks. The prospectus also addresses details regarding the registration, the company's structure, historical background, and its operational capabilities in the life insurance market. Overall, this filing is significant as it represents Equitable's initiative to broaden investment strategies available to its clients and to tap into the growing demand for performance-based investment options in life insurance products.

Form Type: S-1

Filing Date: 2025-02-14

Corporate Action: Ipo

Type: New

Accession Number: 000119312525027147

Filing Summary: Equitable Financial Life Insurance Company of America filed Form S-1 for registration under the Securities Act of 1933. The filing includes details for a new investment vehicle known as the Market Stabilizer Option (MSO), which allows participants to invest in the performance of the S&P 500 Price Return Index. The index-linked feature provides growth capped at a minimum growth rate of 6%, preserved over a defined segment term of approximately one year. Risk factors are noted, particularly regarding potential losses and adjustments for early distributions, which could result in losing up to 90% of principal. The filing mentions Equitable's establishment in 1969 and its licensing in multiple states, excluding New York for the specific company in the filing. Important warnings on investment risks and the non-insurance nature of the policies are emphasized, along with references to associated fees and adjustments pertinent to the MSO.