Extracted from this filing and checked against the source text.
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
Presurance Holdings, Inc. issued 4,284,640 shares of the Common Stock of common stock for approximately $4.3 million.
- Security
- common stock
- Shares
- 4,284,640 shares of the Common Stock
- Consideration
- approximately $4.3 million
Exact text from the filing
Subscribers in the Rights Offering exercised rights to purchase an aggregate of 4,284,640 shares of the Common Stock, and the gross proceeds received from the subscribers in the Rights Offering was approximately $4.3 million.
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Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
Presurance Holdings, Inc. issued 9,715,360 shares of Common Stock of common stock to Clarkston and its assignee for an aggregate purchase price of approximately $2.2 million in cash together with the offset of proceeds of the repurchase and redemption of the Series B Preferre.
- Security
- common stock
- Shares
- 9,715,360 shares of Common Stock
- Purchaser
- Clarkston and its assignee
- Consideration
- an aggregate purchase price of approximately $2.2 million in cash together with the offset of proceeds of the repurchase and redemption of the Series B Preferre
Exact text from the filing
In satisfaction of the Backstop Commitment, Clarkston and its assignee (the “Backstop Purchasers”) paid an aggregate purchase price of approximately $2.2 million in cash together with the offset of proceeds of the repurchase and redemption of the Series B Preferred Stock described above under Item 1.01 and the Company issued 9,715,360 shares of Common Stock to the Backstop Purchasers.
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Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Presurance Holdings, Inc.: Filed Certificate of Correction to Certificate of Designation of Series B Preferred Stock to correct dividend rate and allow redemption at any time prior to maturity (effective 2026-02-26).
- Change
- charter amendment
- Effective
- 2026-02-26
Exact text from the filing
On February 26, 2026, the Company filed a Certificate of Correction (the “Certificate of Correction”) to the Certificate of Designation of Series B Preferred Stock (the “Certificate of Designation”) of the Company to a) correct the Series B Preferred Stock dividend rate and b) allow the Company to redeem the Series B Preferred Stock at any time prior to the Maturity Date (as defined in the as defined in the Certificate of Designation of Series B Preferred Stock) by modifying Section 3.03 and Section 5.01 of the Certificate of Designation, respectively.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Presurance Holdings, Inc. entered into Redemption Agreement with Clarkston Companies, Inc. valued at $7.5 million (effective 2026-02-27).
- Action
- entry
- Counterparty
- Clarkston Companies, Inc.
- Value
- $7.5 million
- Effective
- 2026-02-27
Exact text from the filing
In accordance with the Redemption Agreement, on the Redemption Date, the Company repurchased and redeemed all of the Company’s Series B Preferred Stock from Clarkston in full for an aggregate redemption price of $7.5 million.
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