Delaware Life Separate Account S has filed an amendment to its private offering under Rule 506(b) of the Securities Act. This filing, dated November 10, 2026, is significant as it underscores the company's ongoing efforts to adapt its investment strategies and remain compliant within the regulatory framework.

Delaware Life Separate Account S is a separate account established under Delaware law, primarily focused on flexible premium variable life insurance and annuity contracts. The company is incorporated in Delaware and operates from its headquarters in Waltham, Massachusetts. The filing indicates that the company has been active in the investment sector, with a revenue range exceeding $100 million.

The recent filing includes specific items under the Securities Act, including exemptions under Sections 3(c) and 3(c)(7). According to the filing, Delaware Life Separate Account S has raised a total of approximately $249.77 million from 83 investors, with the offering duration expected to extend beyond one year.

In terms of sales compensation, the filing lists several recipients, including M Holdings Securities, Inc. and GA Financial, Inc., among others. These firms are positioned to solicit investments across various states, indicating a broad reach for the company's offerings.

The impact of this amendment may affect various stakeholders, including investors and financial advisors involved in the sale of Delaware Life's products. The filing emphasizes that the company does not have any non-accredited investors, suggesting a focus on sophisticated clientele.

Looking ahead, the filing does not specify what happens next for Delaware Life Separate Account S. However, the continuous updates indicate an active approach to managing its offerings and compliance.