Company: OXBRW
Filing Date: 2025-03-26
Form Type: 10-K
Source: 0001641172-25-000736
Chunk: 422

Company: OXBRIDGE RE HOLDINGS Ltd
Filing Date: 2025-03-26
Form: 10-K
Item: Item 1A
Chunk 422
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, within a two-month period
commencing on the expiration of such four-month period, require the holders of the remaining shares to transfer such shares on the terms
of the offer. An objection can be made to the Grand Court of the Cayman Islands, but such objection is unlikely to succeed in the case
of an offer which has been so approved unless there is evidence of fraud, bad faith or collusion.

If
an arrangement and reconstruction is thus approved, the dissenting shareholder would have no rights comparable to appraisal rights, which
would otherwise ordinarily be available to dissenting shareholders of certain corporations incorporated in the United States, including
Delaware corporations, providing rights to receive payment in cash for the judicially determined value of the shares.

Holders
of our securities may have difficulty obtaining or enforcing a judgment against us, and they may face difficulties in protecting their
interests because we are incorporated under Cayman Islands law.

Because
we are a Cayman Islands company, there is uncertainty as to whether the Grand Court of the Cayman Islands would recognize or enforce
judgments of United States courts obtained against us predicated upon the civil liability provisions of the securities laws of the United
States or any state thereof, or be competent to hear original actions brought in the Cayman Islands against us predicated upon the securities
laws of the United States or any state thereof.

We
are incorporated as an exempted company limited by shares under the Companies Law. A significant amount of our assets are located outside
of the United States. As a result, it may be difficult for persons purchasing our securities to effect service of process within the
United States upon us or to enforce judgments against us or judgments obtained in U.S. courts predicated upon the civil liability provisions
of the federal securities laws of the United States or any state of the United States.

Although
there is no statutory enforcement in the Cayman Islands of judgments obtained in the United States, the courts of the Cayman Islands
will, based on the principle that a judgment by a competent foreign court will impose upon the judgment debtor an obligation to pay the
sum for which judgment has been given, recognize and enforce a foreign judgment of a court of competent jurisdiction if such judgment
is final, for a liquidated sum, not in respect of taxes or a fine or penalty if not inconsistent with a Cayman Islands judgment in respect
of the same matters, and was not obtained in a manner, and is not of a kind, the enforcement of which is contrary to the public policy