secwatch.observer — SEC 8-K summary
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Issuer:     Presurance Holdings, Inc. (PRHI)
CIK:        0001502292
Form:       8-K
Filed at:   2025-12-30T23:59:59+00:00
Accession:  0001193125-25-337040
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Presurance Holdings raises $8M via 15% Series C Preferred Stock sale to board affiliate
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- Sold 1,600 shares of Series C Preferred at $5,000/share to Clarkston Companies (affiliate of director Jeffrey Hakala) for gross proceeds of $8M.
- Preferred stock carries 15.0% annual dividend, matures April 2, 2027, and ranks senior to common stock.
- Proceeds will be used for working capital and general corporate purposes.
- Issuance was exempt from registration under Section 4(a)(2) of the Securities Act; Certificate of Designation filed with Michigan.
- Company has the optional right to redeem the shares at the issue price upon 10 days' notice any time before maturity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1502292/000119312525337040/0001193125-25-337040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1502292/000119312525337040/prhi-20251223.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-337040

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