secwatch.observer — SEC 8-K summary
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Issuer:     OXBRIDGE RE HOLDINGS Ltd (OXBR)
CIK:        0001584831
Form:       8-K
Filed at:   2023-03-27T23:59:59+00:00
Accession:  0001493152-23-009010
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oxbridge Re subsidiary launches $5.0M tokenized reinsurance offering (DeltaCat Re) to accredited investors
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1584831/000149315223009010/0001493152-23-009010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1584831/000149315223009010/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-009010

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