---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-022690"
form_type: "8-K"
ticker: "OXBR"
cik: "0001584831"
company_name: "OXBRIDGE RE HOLDINGS Ltd"
filed_at: "2023-06-28T23:59:59+00:00"
generated_at: "2026-06-13T15:31:57.607116+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Oxbridge Re subsidiary SurancePlus closes $2.4M private placement of tokenized reinsurance securities

## Summary
- SurancePlus raised $2,447,760 through sale of 244,776 DeltaCat Re tokens at $10.00 each.
- Tokens represent preferred shares of SurancePlus, conferring fractional interests in reinsurance contracts for the 2023-2024 treaty year.
- Offering made to accredited US investors under Rule 506(c) and non-US investors under Regulation S.
- CEO Jay Madhu states this is the first publicly traded company to raise capital for catastrophe reinsurance via tokenized securities.
- Tokens issued on Avalanche blockchain; no underwriting discounts paid.

## SEC filing metadata
- accession: 0001493152-23-022690
- form_type: 8-K
- ticker: OXBR
- cik: 0001584831
- company_name: OXBRIDGE RE HOLDINGS Ltd
- filed_at: 2023-06-28T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1584831/000149315223022690/0001493152-23-022690-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1584831/000149315223022690/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-022690
- JSON: https://secwatch.observer/filing/0001493152-23-022690.json
- Plain text: https://secwatch.observer/filing/0001493152-23-022690.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.