Company: OXBRW
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000736
Chunk: 314

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1
Chunk 314
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significant beneficial interests in Jet.AI Inc.’s common stock and public warrants are recorded at fair value with changes in fair
value being recorded in the consolidated statements of operations during the period of change. Additionally, the fair value of the investment
must be remeasured quarterly. Because of this, and due to significance of our investment in Jet.AI relative to our total assets, our
earnings may experience greater volatility in the future as a decline in the fair value of our investment in Jet.AI Inc. could significantly
reduce both our earnings and shareholders’ equity, which in turn, could cause significant market price and trading volume fluctuations
for our securities.

U.S.
and global economic downturns could harm our business, our liquidity and financial condition and the price of our securities.

Weak
economic conditions may adversely affect (among other aspects of our business) the demand for and claims made under our products, the
ability of customers, counterparties and others to establish or maintain their relationships with us, our ability to access and efficiently
use internal and external capital resources and our investment performance. Volatility in the U.S. and other securities markets may adversely
affect our investment portfolio and our resulting results of operations.

17

Our
ability to implement our business strategy could be delayed or adversely affected by Cayman Islands employment restrictions.

Under
Cayman Islands law, persons who are not Caymanian, do not possess Caymanian status, or are not otherwise entitled to reside and work
in the Cayman Islands pursuant to provisions of the Immigration Law (2015 Revision) of the Cayman Islands, which we refer to as the Immigration
Law, may not engage in any gainful occupation in the Cayman Islands without an appropriate governmental work permit. Although Jay Madhu
and Wrendon Timothy have obtained Permanent Residency in the Cayman Islands, the failure to obtain work permits, or extensions thereof,
for other employee(s) could prevent us from continuing to implement our business strategy seamlessly.

Security
breaches and other disruptions could compromise our information and expose us to liability, which would cause our business and reputation
to suffer.

In
the ordinary course of our business, we may collect and store sensitive data, including proprietary business, in our data centers and
on our networks. The secure processing, maintenance and transmission of this information is critical to our operations and business strategy.
Despite our security measures, our information technology and infrastructure may be vulnerable to attacks by hackers or breached due
to employee error, malfeasance or other disruptions