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An announcement from Oxbridge Re Holdings (OXBR) is now available.
Oxbridge Re Holdings Limited and its subsidiary SurancePlus Holdings Ltd. have initiated a private placement offering of ordinary shares to raise up to $3 million, with additional warrants for investors to purchase company shares at a set price. The proceeds are intended for corporate growth, particularly in the Web-3 segment. The securities offered are not registered under the Securities Act of 1933 and are available only to accredited investors in the U.S. and certain non-U.S. persons, with the sale relying on specific exemptions from registration requirements.
See more data about OXBR stock on TipRanks’ Stock Analysis page.