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

Issuer:     OXBRIDGE RE HOLDINGS Ltd (OXBR)
CIK:        0001584831
Form:       8-K
Filed at:   2022-09-30T23:59:59+00:00
Accession:  0001493152-22-027309
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1584831/000149315222027309/0001493152-22-027309-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1584831/000149315222027309/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-027309

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