Oxbridge Re enters ATM equity offering agreement for up to $5M with Maxim Group

OXBRIDGE RE HOLDINGS Ltd

Equity Distribution Agreement with Maxim Group to sell up to $5M ordinary shares at-the-market.
Sales agent commission of 3.0% of gross proceeds; replaces prior agreement that sold $4.6M.
Company intends net proceeds for general corporate purposes, including reinsurance operations.
Only $517,745 remains registered under existing shelf; additional registration likely needed.
Company not obligated to sell any shares; agreement may be terminated by either party on 30 days' notice.

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