Company: MHLA
Filing Date: 2025-02-18
Form Type: 425
Source: 0001104659-25-014837
Chunk: 2

Company: Maiden Holdings, Ltd.
Filing Date: 2025-02-18
Form: 425
Chunk 2
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 the
Kestrel Equityholders, US NewCo, Merger Sub 1, Bermuda NewCo and Merger Sub 2 entered into an amendment to the Combination Agreement (the
“Amendment”). The Amendment amended the Combination Agreement to (i) extend the deadline for the performance of
Maiden’s obligations to prepare and cause Bermuda NewCo to file a registration statement on Form S-4 with the Securities and
Exchange Commission (the “SEC”) in connection with the Transactions to March 7, 2025 and (ii) correspondingly
extend the Outside Date (as defined in Section 9.01(b)(i) of the Combination Agreement) to August 20, 2025.

The foregoing description of the Amendment does
not purport to be complete and is subject to and qualified in its entirety by reference to the Amendment, a copy of which is included
as Exhibit 2.1 to this Current Report on Form 8-K and is incorporated herein by reference.

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Additional Information Regarding the Transactions and Where to Find It

In connection with the Transactions, Bermuda NewCo
will file a registration statement on Form S-4 with the SEC that will include a prospectus with respect to Bermuda NewCo’s
securities to be issued in connection with the Transactions and a proxy statement with respect to the Maiden shareholder meeting to approve
the Transactions and related matters (the “proxy statement/prospectus”). Maiden and Bermuda NewCo may also file or
furnish other documents with the SEC regarding the Transactions. This Current Report on Form 8-K is not a substitute for the registration
statement, the proxy statement/prospectus or any other document that Maiden or Bermuda NewCo may file or furnish or cause to be filed
or furnished with the SEC. INVESTORS IN AND SECURITY HOLDERS OF MAIDEN ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS AND ANY OTHER
RELEVANT DOCUMENTS THAT ARE FILED OR FURNISHED OR WILL BE FILED OR WILL BE FURNISHED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS
TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTIONS
AND RELATED MATTERS.

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Investors and security holders may obtain free
copies of the registration statement, the proxy statement/prospectus (when available