Presurance Holdings Rights Offering Begins

Rhea-AI Summary

Presurance Holdings (Nasdaq: CNFR) commenced a rights offering for holders of record on February 6, 2026. Each shareholder received one non-transferable Subscription Right per share, exercisable to buy 1.145 shares at $1.00 per share through 5:00 p.m. ET on February 24, 2026. Brokers may require earlier action. Payments not applied to subscriptions will be refunded without interest. The offering is made pursuant to an effective Form S-1 registration and a prospectus filed with the SEC; recipients receive prospectus copies and may obtain them via the SEC website.

Positive

• Offers existing shareholders the right to purchase additional stock at $1.00 per share
• Subscription ratio of 1.145 shares per right provides more than one share opportunity per share owned

Negative

• Potential shareholder dilution from issuance of new shares through the rights offering
• Subscription deadline of February 24, 2026 requires prompt action and brokers may impose earlier cutoffs

Key Figures

Subscription ratio: 1.145 shares per right Subscription price: $1.00 per share Record date: February 6, 2026 +3 more

6 metrics

Subscription ratio 1.145 shares per right Each Subscription Right in the rights offering

Subscription price $1.00 per share Exercise price in the rights offering

Record date February 6, 2026 Shareholders of record receive Subscription Rights

Expiration time 5:00 p.m. New York City time Deadline on February 24, 2026 to exercise rights

Expiration date February 24, 2026 Rights offering exercise deadline

Form type Form S-1 (File No. 333-292735) Effective registration statement for the rights offering

Market Reality Check

Price: $1.48 Vol: Volume 547,666 is about 0...

low vol

$1.48 Last Close

Volume Volume 547,666 is about 0.21x the 20-day average of 2,634,799. low

Technical Trading above 200-day MA at $0.89 with last price $1.48.

Peers on Argus

PRHI (CNFR context) gained 24.38% while most property & casualty peers were down...

PRHI (CNFR context) gained 24.38% while most property & casualty peers were down modestly (e.g., HMN -3.55%, NODK -1.88%, GBLI -1.38%, KINS -0.93%, with only OXBR up 1.83%), indicating a stock-specific move.

Historical Context

2 past events · Latest: Sep 29 (Positive)

Pattern 2 events

Date	Event	Sentiment	Move	Catalyst
Sep 29	Corporate rebranding	Positive	+24.4%	Name and ticker change to Presurance Holdings, marking next strategic chapter.
Aug 13	Quarterly earnings	Neutral	+2.5%	Q2 2025 results with net income, premium growth, but high combined ratio.

Pattern Detected

Limited history shows positive price reactions to corporate milestones and earnings updates.

Recent Company History

Over the last few quarters, Presurance (formerly Conifer) has used news to reshape its story. A corporate rebrand to Presurance Holdings with ticker change to PRHI on Sep 30, 2025 coincided with a 24.38% gain around that event. Earlier, Q2 2025 results on Aug 13, 2025 mixed underwriting losses with improved profitability metrics and drove a 2.52% rise. Today’s rights-offering launch fits into this broader balance-sheet and capital-structure transition highlighted in recent filings.

Market Pulse Summary

This announcement details the formal launch of a rights offering, allowing existing holders of recor...

Analysis

This announcement details the formal launch of a rights offering, allowing existing holders of record on February 6, 2026 to buy 1.145 shares per right at $1.00 until February 24, 2026. It ties into a broader capital and balance-sheet strategy outlined in recent SEC filings, following the 2025 rebrand and prior earnings updates. Investors may monitor participation levels, subsequent SEC disclosures, and any changes in share count or debt reduction progress as key markers of execution.

Key Terms

rights offering, subscription right, subscription price, record date, +3 more

7 terms

rights offering financial

"today announced the commencement of its rights offering, previously detailed"

A rights offering is a way for a company to raise additional money by giving existing shareholders the opportunity to buy more shares at a discounted price before they are offered to the public. It’s similar to a special sale where current owners get the first chance to buy extra items at a lower cost, allowing them to increase their investment if they choose. This process matters to investors because it can affect the value of their holdings and their ability to buy new shares at favorable terms.

subscription right financial

"dividend of one non-transferable Subscription Right (“Subscription Right”) for each"

A subscription right is a short‑term entitlement given to existing shareholders that lets them buy additional shares at a set price before the shares are offered to the public. Like a limited-time coupon to buy more of a product, it matters to investors because exercising the right can prevent ownership from being diluted and may offer a discounted chance to increase holdings, while selling the right can provide immediate cash if they don’t want more shares.

subscription price financial

"purchase 1.145 shares of Presurance common stock at a subscription price of $1.00"

Subscription price is the set amount an investor pays to buy newly issued shares, bonds or units when a company offers them directly, such as in a rights issue or subscription offering. It matters because it determines how much an investor’s ownership cost will be, affects potential gains or losses and influences dilution of existing shareholders—think of it as a pre-order price that helps decide whether joining the new issue is worthwhile.

record date financial

"Shareholders of record on February 6, 2026 are now being distributed"

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

registration statement regulatory

"being made pursuant to Presurance’s effective registration statement on Form S-1"

A registration statement is a formal document that companies file with a government agency to offer new shares of stock to the public. It provides essential information about the company's finances, operations, and risks, helping investors make informed decisions. Think of it as a detailed product description that ensures transparency and trust before buying into a company.

form s-1 regulatory

"pursuant to Presurance’s effective registration statement on Form S-1 (File No."

A Form S-1 is the registration filing a company submits to the U.S. Securities and Exchange Commission when it plans to offer stock to the public, most commonly for an initial public offering. Think of it as the company’s full disclosure packet or blueprint: it contains audited financials, business description, management background, risk factors and details of the offering, giving investors the information needed to judge the company’s financial health and potential risks before buying shares.

prospectus regulatory

"The Rights Offering is being made pursuant to Presurance’s effective registration"

A prospectus is a detailed document that explains a company's plans for offering new shares or investments to the public. It’s important because it provides potential investors with key information about the company’s business, risks, and how they might make money, helping them decide whether to invest. Think of it as a guidebook for understanding what you're buying into.

AI-generated analysis. Not financial advice.

To Participate, Eligible Stockholders Should Consult Their Broker or Financial Advisor in Advance of the Rights Offering Expiration on February 24, 2026

TROY, Mich., Feb. 06, 2026 (GLOBE NEWSWIRE) -- Presurance Holdings, Inc. (Nasdaq: PRHI) (“Presurance” or the “Company”) today announced the commencement of its rights offering, previously detailed in the Company’s Current Report on Form 8-K filed on January 28, 2026.

Shareholders of record on February 6, 2026 are now being distributed a dividend of one non-transferable Subscription Right (“Subscription Right”) for each share of common stock owned on the record date.

Each Subscription Right, when exercised before the expiration date of 5:00 p.m. New York City time on February 24, 2026, entitles the holders to purchase 1.145 shares of Presurance common stock at a subscription price of $1.00 per share.

A shareholder may exercise such shareholder’s subscription rights by properly completing and executing the rights certificate together with any required signature guarantees and forwarding it, together with full subscription payment, to the Subscription Agent prior to the expiration of the rights offering.

A shareholder who is a beneficial owner of shares of Presurance common stock that are registered in the name of a broker, custodian bank or other nominee, or a shareholder who holds Presurance common stock certificates and would prefer to have an institution conduct the transaction relating to the subscription rights on the shareholder’s behalf, should instruct such shareholder’s broker, custodian bank or other nominee or institution to exercise the subscription rights and deliver all documents and payment on your behalf prior to 5:00 p.m., New York City time, on February 24, 2026, which is the expiration of the rights offering.

Brokers may require earlier action to process orders. Exercise instructions received after the expiration date and time will not be honored, so investors who wish to participate must exercise ahead of the deadline.

Any payment received from the exercise of the subscription right and not applied to such exercise of the subscription rights will be refunded to the shareholder without interest or penalty.  

For any questions or further information about this rights offering, please contact Broadridge Corporate Issuer Solutions, LLC at (855) 739-5068 or by email (shareholder@broadridge.com).

The Rights Offering is being made pursuant to Presurance’s effective registration statement on Form S-1 (File No. 333-292735), and a prospectus containing the detailed terms of the rights offering filed with the SEC. The information in this press release is not complete and is subject to change. This press release shall not constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any offer, solicitation or sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful under the securities laws of such state or jurisdiction. The rights offering is being made only by means of a prospectus. The prospectus incorporates all the Company’s SEC filings by reference. Copies of the prospectus, are being distributed to all subscription right recipients and may also be obtained free of charge at the website maintained by the SEC at www.sec.gov or by contacting the information agent for the offering.

About Presurance Holdings

Presurance Holdings, Inc. is a Michigan-based property and casualty holding company. Through its subsidiaries, the Company provides specialty insurance coverage designed to protect individuals, businesses, and communities, with a focus on disciplined growth and long-term value creation. The Company trades on the Nasdaq Capital Market under the symbol PRHI. Additional information can be found on the Company’s website at ir.PREHLD.com.

FAQ

What are the Presurance (CNFR) rights offering key terms and timeline?

The offering lets holders buy 1.145 shares per right at $1.00 each. According to the company, rights were distributed to record holders on Feb 6, 2026 and expire Feb 24, 2026 at 5:00 p.m. ET.

How do Presurance (CNFR) shareholders exercise their Subscription Rights?

Shareholders must complete and sign the rights certificate and send payment to the Subscription Agent. According to the company, brokers or nominees can exercise on behalf of beneficial owners before the Feb 24, 2026 deadline.

Will Presurance (CNFR) shareholders receive refunds for excess payments in the rights offering?

Yes. Any payment not applied to the exercise will be returned without interest or penalty. According to the company, excess subscription funds will be refunded to shareholders.

Where can investors find the full prospectus for the Presurance (CNFR) rights offering?

Investors can obtain the prospectus free from the SEC website or from the information agent. According to the company, the offering is made under an effective Form S-1 (File No. 333-292735).

Who should Presurance (CNFR) shareholders contact with questions about the rights offering?

Shareholders should contact Broadridge Corporate Issuer Solutions at the provided phone or email. According to the company, Broadridge is the information contact for subscription questions.