other material
confidence high
sentiment neutral
materiality 0.55
Oxbridge Re subsidiary launches $5.0M tokenized reinsurance offering (DeltaCat Re) to accredited investors
OXBRIDGE RE HOLDINGS Ltd
- SurancePlus offering up to $5.0M of DeltaCat Re Tokens at $10/token, each representing a Preferred Share.
- Proceeds to purchase participating notes from Oxbridge Re NS, backing collateralized reinsurance contracts.
- Token holders expected to receive up to 196% total return after 3 years assuming no casualty losses.
- Offering exempt from SEC registration, sold only to accredited investors under Rule 506(c) and Regulation S.
- Capital raise intended to enable underwriting of higher-value reinsurance contracts and create shareholder value.