secwatch.observer — SEC 8-K summary
======================================

Issuer:     Presurance Holdings, Inc. (PRHI)
CIK:        0001502292
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001140361-23-038603
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1502292/000114036123038603/0001140361-23-038603-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1502292/000114036123038603/brhc20057178_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-038603

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer