Company: OXBRW
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001641172-25-009673
Chunk: 21

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 3
Chunk 21
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at the market” (ATM) sales agreement with Maxim Group LLC as our sales agent, under
which we may offer and sell from time to time up to $6.3 million of ordinary shares in negotiated transactions or transactions that are
deemed to be an ATM offering.

During
the three months ended March 31, 2025, we sold 97,715 ordinary shares under the ATM program for gross proceeds of $448,858 at an average
price of $4.59 per share. After deducting commissions related to the ATM offering of $13,465, the net proceeds we received from the transactions
were $435,393. Additionally, during the quarter, the Company raised $2.7
million net of expenses from its registered direct offering. The proceeds from the ATM sales and registered direct offering are being
used for general corporate purposes.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Mine Safety Disclosures

Not applicable.

Item 5. Other Information

None.

35

Item 6. Exhibits

The following exhibits are filed herewith:

    Exhibit No.
     
    Document

    31.1
     
    Certifications of the Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act and Rule 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934.

    31.2
     
    Certifications of the Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act and Rule 13a-14(a) or 15d-14(a) under the Securities Exchange Act of 1934.

    32
     
    Written Statement of the Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. §1350.

    101
     
    The following materials from Oxbridge Re Holdings Limited’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 are filed herewith, formatted in XBRL (Extensible Business Reporting Language): (i) the Consolidated Balance Sheets, (ii) the Consolidated Statements of Operations, (iii) the Consolidated Statements of Comprehensive Income, (iv) the Consolidated Statements of Cash Flows, (v) the Consolidated Statements of Changes in Shareholders’ Equity and (vi) the Notes to Consolidated Financial Statements.

36

SIGNATURES

Pursuant to