other material
confidence high
sentiment neutral
materiality 0.50
Oxbridge Re enters new ATM sales agreement with Chardan for up to $1.68M in ordinary shares
OXBRIDGE RE HOLDINGS Ltd
- New ATM agreement with Chardan Capital Markets replaces prior Maxim Group LLC agreement terminated June 20, 2026.
- Company may sell up to $1,678,301 in ordinary shares under shelf registration; Sales Agent gets 3% commission.
- Proceeds intended for general corporate purposes, including funding reinsurance operations.
- No obligation to make sales; sales made at-the-market on Nasdaq.