Company: OXBRW
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001641172-25-023960
Chunk: 88

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 88
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 costs and underwriting expenses on the consolidated statements of operations are amounts equal to $0,
$418,000 and $(46,000), respectively.

16.
SUBSEQUENT EVENTS

We
evaluate all subsequent events and transactions for potential recognition or disclosure in our consolidated financial statements.

Except as disclosed in Notes 5 and 9, relating to the securities purchased
agreement and private placement of securities under the PSIC, there were no additional events subsequent to June 30, 2025 for which disclosure
was required.

On July 9, 2025, the Company entered
into an Equity Distribution Agreement (the “Offering Agreement”) with Maxim Group LLC, as sales agent (the “Sales Agent”),
pursuant to which the Company could offer and sell, from time to time, through the Sales Agent up to $5 million of the Company’s
ordinary shares, $0.001 par value (“Ordinary Shares”). The expiration date of the Offering Agreement is the earlier of (i)
the issuance and sale of the Ordinary Shares having an aggregate offering price equal to $5 million, or (ii) the termination of the Offering
Agreement by either the Sales Agent or the Company, in each such party’s sole discretion, upon the provision of thirty (30) days’
written notice. The Company will pay the Sales Agent a commission equal to 3.0% of the gross proceeds of the Ordinary Shares sold by
the Sales Agent pursuant to the Offering Agreement. The Sales Agreement replaced our prior sales agreement dated September 30, 2022 with
the Sales Agent pursuant to which the Company sold Ordinary Shares having an aggregate sales price of approximately $4.6 million.

23

Item
2. Management’s Discussion and Analysis of Financial Condition and Results of Operations 

SPECIAL
NOTE ABOUT FORWARD-LOOKING STATEMENTS

Certain
statements in this Quarterly Report on Form 10-Q, including in this Management’s Discussion and Analysis, other than purely historical
information, including estimates, projections, statements relating to our business plans, objectives and expected operating results,
and the assumptions upon which those statements are based, are “forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934, as amended (the “Exchange Act”). These forward-looking statements generally are identified by the words “believe,”
“project,” “predict