secwatch.observer — SEC 8-K summary
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Issuer:     OXBRIDGE RE HOLDINGS Ltd (OXBR)
CIK:        0001584831
Form:       8-K
Filed at:   2024-07-12T23:59:59+00:00
Accession:  0001493152-24-027057
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oxbridge Re subsidiary SurancePlus raises $2.88M via private placement of digital token participation shares
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1584831/000149315224027057/0001493152-24-027057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1584831/000149315224027057/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-027057

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