Company: OXBRW
Filing Date: 2025-07-10
Form Type: 424B5
Source: 0001641172-25-018473
Chunk: 15

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-07-10
Form: 424B5
Chunk 15
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 would have been approximately $7.48 million or $0.98 per share. The adjustments made to determine adjusted net tangible book value per share are the following:

| ● | An                                                                                                                                    
 increase in total assets to reflect the net proceeds of the offering after deducting commissions and our estimated offering expenses; 
 and                                                                                                                                   |
| ● | The                                                                                                                                   
 addition of 228,082 shares offered by this prospectus supplement, assuming the offer and sale of $517,745 of our ordinary             
 shares (based on the closing price of our ordinary shares on The Nasdaq Capital Market on July 2, 2025), to the number of             
 shares outstanding.                                                                                                                   |

The following table illustrates the increase in net tangible book value of $0.03 per share to existing shareholders and the immediate dilution of $1.29 per share (the difference between the assumed offering price per share and the adjusted net tangible book value per share) to new investors based on an assumed offering price of $2.27 per share:

| Assumed public offering price per share                                                              |     | $ |  2.27 |   |     |   |      |
| Net tangible book value per share as of March 31, 2025                                               |     |   |       |   |     | $ | 0.95 |
| Increase in net tangible book value per share attributable to the offering                           |     | $ |       |   |     | $ | 0.03 |
| Adjusted net tangible book value per share as of March 31, 2025, after giving effect to the offering |     | $ |  0.98 |   |     |   |      |
| Dilution per share to new investors in the offering                                                  |     | $ | (1.29 | ) |     |   |      |

The foregoing table is based on 7,442,922 shares outstanding as of March 31, 2025. This number of shares excludes:

| ● | 376,250                                                                                          
 ordinary shares issuable upon the exercise of options outstanding at a weighted average exercise 
 price of $6.01 per share;                                                                        |

| ● | 66,912                                                                                       
 ordinary shares issuable upon the vesting of restricted stock awards with a weighted-average 
 grant date fair value of $4.13 per share;                                                    |

| ● | 687,514                                                                                       
 ordinary shares reserved for future issuance under our 2014 and 2021 Omnibus Incentive