other material
confidence high
sentiment neutral
materiality 0.40
Oxbridge Re subsidiary SurancePlus raises $2.88M via private placement of digital token participation shares
OXBRIDGE RE HOLDINGS Ltd
- 287,705 Participation Shares sold at $10.00 each for gross proceeds of $2,878,048.
- Securities are digital tokens under a 3-year Participation Share Investment Contract.
- Offered to accredited investors and non-U.S. persons via Rule 506(c) and Regulation S exemptions.
- No underwriting discounts or commissions were paid.
- Participation Shares confer contractual rights only; no equity or conversion rights in SurancePlus.