---
schema_version: "secwatch.filing_event.v1"
accession: "0001412100-22-000071"
form_type: "8-K"
ticker: "MHLA"
cik: "0001412100"
company_name: "Maiden Holdings, Ltd."
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:02:21.424002+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Maiden to exchange all preference shares for common at 3:1 ratio; book value per share up ~$0.82

## Summary
- Exchange of Series A, C, D preference shares for 3 common shares each; requires 2/3 vote of each series.
- Maiden Reinsurance (holds >73% of each series) will consent; special committee of independent directors approved.
- Expected completion by Dec 31, 2022; preference shares will cease trading on NYSE.
- Post-exchange, Maiden Reinsurance will own ~29% of common shares but voting power capped at 9.5%.
- Estimated book value increase of ~$0.82 per common share; Odeon Capital and Houlihan Lokey advised.

## SEC filing metadata
- accession: 0001412100-22-000071
- form_type: 8-K
- ticker: MHLA
- cik: 0001412100
- company_name: Maiden Holdings, Ltd.
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1412100/000141210022000071/0001412100-22-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1412100/000141210022000071/mhld-20221109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001412100-22-000071
- JSON: https://secwatch.observer/filing/0001412100-22-000071.json
- Plain text: https://secwatch.observer/filing/0001412100-22-000071.txt

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