---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-038603"
form_type: "8-K"
ticker: "PRHI"
cik: "0001502292"
company_name: "Presurance Holdings, Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T01:40:40.698339+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Conifer Holdings closes exchange of 6.75% notes for 9.75% notes due 2028; $6.2M tendered (25%)

## Summary
- Approximately $6.2M aggregate principal of existing 6.75% notes tendered (25% of outstanding) in exchange offer.
- New 9.75% Senior Unsecured Notes due September 30, 2028 issued; interest payable quarterly starting Sep 30, 2023.
- Up to $25M of new notes offered for cash; $1.7M purchased to date to redeem existing notes.
- New notes will be listed on Nasdaq under ticker symbol CNFRZ.
- Janney Montgomery Scott and American Capital Partners acted as dealer managers and placement agents.

## SEC filing metadata
- accession: 0001140361-23-038603
- form_type: 8-K
- ticker: PRHI
- cik: 0001502292
- company_name: Presurance Holdings, Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1502292/000114036123038603/0001140361-23-038603-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1502292/000114036123038603/brhc20057178_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-038603
- JSON: https://secwatch.observer/filing/0001140361-23-038603.json
- Plain text: https://secwatch.observer/filing/0001140361-23-038603.txt

## Key facts
- Debt Financings
  Presurance Holdings, Inc. incurred senior notes with Wilmington Trust, National Association at 9.75% per year maturing September 30, 2028.
  - Instrument: senior notes
  - Counterparty: Wilmington Trust, National Association
  - Rate: 9.75% per year
  - Maturity: September 30, 2028
  - Event: incurrence
  source text: The New Notes bear interest at the rate of 9.75% per year, and interest on the New Notes is payable quarterly in arrears on March 31, June 30, September 30 and December 31 of each year, beginning on September 30, 2023. The New Notes will mature on September 30, 2028.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1502292/000114036123038603/0001140361-23-038603-index.htm
- Material Agreements
  Presurance Holdings, Inc. entered into Supplemental Indenture with Wilmington Trust, National Association (effective 2023-08-08).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: Wilmington Trust, National Association
  - Effective: 2023-08-08
  source text: Wilmington Trust, National Association (the “Trustee”), dated September 24, 2018, as supplemented by that certain Second Supplemental Indenture, dated August 8, 2023 (the “Supplemental Indenture,” together with the Base Indenture, the “Indenture”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1502292/000114036123038603/0001140361-23-038603-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.