Company: MHLA
Filing Date: 2025-04-21
Form Type: 425
Source: 0001104659-25-036858
Chunk: 2

Company: Maiden Holdings, Ltd.
Filing Date: 2025-04-21
Form: 425
Chunk 2
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 of New York, County of New York against
Maiden and its directors under the captions (i) Nathan Turner v. Maiden Holdings, Ltd. et al., Case No. 652257/2025
(the “Turner Complaint”); and (ii) Mark Thomas v. Maiden Holdings, Ltd. et al., Case No. 154730/2025
(together with the Turner Complaint, the “Complaints”). The Complaints allege that the proxy statement/prospectus is
misleading and/or fails to disclose material information concerning, among other things (i) certain financial projections; (ii) certain
data and inputs underlying the financial analyses that support the fairness opinion provided by IAP; and (iii) potential conflicts
of interest of IAP, and bring claims for negligence and negligent misrepresentation and concealment under New York law. The Complaints
seek, among other things, injunctions barring consummation of the Transactions or, in the event that the Transactions are consummated,
damages resulting from the alleged violations.

Maiden denies the allegations in the Complaints and the demand letters,
denies that any violation of law has occurred and believes that the claims asserted in the Complaints and demand letters are wholly without
merit. Maiden believes that the proxy statement/prospectus disclosed all material information required to be disclosed and denies that
any of the supplemental disclosures are in any way material or are otherwise required to be disclosed. Solely to minimize any expense
and distraction, and to avoid the uncertainty, of any litigation, and without admitting any liability or wrongdoing whatsoever, Maiden
has determined to voluntarily supplement certain disclosures in the proxy statement/prospectus by providing the additional information
presented below in this Current Report on Form 8-K. Nothing in this Current Report on Form 8-K shall be deemed an admission
of the merit, necessity or materiality of any supplemental disclosures under any applicable laws. To the contrary, Maiden specifically
denies that any further disclosure of any kind was or is material or required.

Supplemental Disclosure to the Proxy Statement/Prospectus

The additional disclosures (the “supplemental disclosures”) in this Current Report on Form 8-K supplement the disclosures contained in the proxy statement/prospectus
and should be reviewed in conjunction with the disclosures contained in the proxy statement/prospectus, which in turn should be carefully
read in its entirety. To the extent information set forth in the supplemental disclosures differs from or updates information contained
in