secwatch.observer — SEC 8-K summary
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Issuer:     OXBRIDGE RE HOLDINGS Ltd (OXBR)
CIK:        0001584831
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0001493152-23-009728
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oxbridge Re reports Q4 net income $678k, full-year net loss $1.8M; SPAC deal and token offering announced
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- Q4 net income $678k ($0.12 EPS) vs $1.6M ($0.27) prior year; full year net loss $1.8M ($0.31) vs income $8.6M ($1.49).
- Net premiums earned Q4 nil vs $210k; full year $995k vs $965k.
- Loss ratio 107.8% vs 16.4% due to Hurricane Ian; combined ratio 260.9% vs 162.6%.
- SPAC Oxbridge Acquisition filed business combination with Jet Token; expected close late Q2 2023; Oxbridge Re holds $14.26M in Class B shares plus warrants.
- SurancePlus offering up to $5M DeltaCat Re Tokens at $10 each; expected 196% return over three years if no losses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1584831/000149315223009728/0001493152-23-009728-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1584831/000149315223009728/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-009728

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