Company: OXBRW
Filing Date: 2025-04-25
Form Type: S-3
Source: 0001641172-25-006293
Chunk: 30

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-04-25
Form: S-3
Chunk 30
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 be sold by the selling shareholder under this prospectus (assuming exercise of the ordinary share warrants) and that the selling shareholder will beneficially own after this offering. Subject to limited exceptions, a holder of ordinary share warrants will not have the right to exercise any portion of its warrants if the holder, together with its affiliates, would beneficially own in excess of 9.99% of the number of ordinary shares outstanding immediately after giving effect to such exercise. The table below does not give effect to such restriction.

The information presented regarding the selling shareholder is based, in part, on information the selling shareholder provided to us specifically for use herein. The selling shareholder may have sold, transferred or otherwise disposed of some or all of the securities listed below in exempt or registered transactions since the date on which the information below was provided to us and may in the future sell, transfer or otherwise dispose of some or all of the shares in private placement transactions exempt from, or not subject to the registration requirements of, the Securities Act. We have assumed for purposes of the table below that the selling shareholder will sell all of the securities being offered hereby pursuant to this prospectus.

The percentage of ordinary shares owned after the offering is based on 7,442,922 shares outstanding as of February 24, 2025 and assumes that all 1,411,768 shares underlying the ordinary share warrants have been exercised.

| Name of Selling Shareholder |     | Number of Ordinary Shares Owned Prior to Offering |           |     | Maximum Number of Ordinary Shares to be Sold Pursuant to this Prospectus |           |     | Number of Ordinary Shares Owned After Offering |         |     | Percentage of Ordinary Shares Owned After Offering |     |   |
| Armistice Capital, LLC (1)  |     |                                                   | 2,117,652 |     |                                                                          | 1,411,768 |     |                                                | 705,884 |     |                                                    | 8.0 | % |

(1) The securities are directly held by Armistice Capital Master Fund Ltd., a Cayman Islands exempted company (the “Master Fund”), and may be deemed to be beneficially owned by: (i) Armistice Capital, LLC (“Armistice Capital”), as the investment manager of the Master Fund; and (ii) Steven Boyd, as the Managing Member of Armistice Capital. The warrants are subject to a beneficial ownership limitation of 4.99%, which such limitation restricts the Selling Stockholder from exercising that portion of the warrants