Oxbridge Re enters ATM equity facility for up to $6.3M; estimates Hurricane Ian loss up to $500k

OXBRIDGE RE HOLDINGS Ltd

Enters Equity Distribution Agreement with Maxim Group LLC to sell up to $6.3M of ordinary shares at-the-market, with a 3% commission.
Preliminary estimate of maximum underwriting loss from Hurricane Ian is $500,000; actual loss may be lower but not higher.
Sales are at-the-market on Nasdaq; Company not obligated to make any sales.

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