Oxbridge Re $2,021,889 ATM prospectus filing
Oxbridge Re Holdings Limited filed a prospectus supplement allowing it to sell up to $2,021,889 of its ordinary shares under an existing equity distribution agreement with Maxim Group LLC.
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Rhea-AI Filing Summary
Oxbridge Re Holdings Limited filed a prospectus supplement allowing it to sell up to $2,021,889 of its ordinary shares under an existing equity distribution agreement with Maxim Group LLC. The company states it has already offered and sold $4.58 million of ordinary shares during the prior 12 months. As a result, $1,672,714 of capacity remains available to be sold pursuant to this prospectus supplement.
8-K Event Classification
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Oxbridge Re (OXBR) announce in this 8-K filing?
Oxbridge Re Holdings Limited reported that it filed a prospectus supplement to its existing Form S-3 registration statement, permitting sales of its ordinary shares through an equity distribution agreement with Maxim Group LLC.
How much stock can Oxbridge Re sell under the new prospectus supplement?
The prospectus supplement permits Oxbridge Re to sell up to $2,021,889 of its ordinary shares through the equity distribution agreement with Maxim Group LLC.
How much has Oxbridge Re already sold under its at-the-market program?
Oxbridge Re states that, as of the date of the report, it had already offered and sold $4.58 million of its ordinary shares during the prior 12 months.
AI-generated analysis. How Rhea-AI works. Not financial advice.