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Presurance Holdings Completes Series C Preferred Stock Financing

Story Highlights
  • Presurance raised $8 million on December 23, 2025 via a private sale of Series C preferred stock to an affiliate of a board member.
  • The newly designated Series C preferred carries a 15% dividend, senior ranking to common stock, and is redeemable at issue price by April 2, 2027.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Presurance Holdings Completes Series C Preferred Stock Financing

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The latest announcement is out from Presurance Holdings ( (PRHI) ).

On December 23, 2025, Presurance Holdings, Inc. completed a private placement of 1,600 shares of newly created Series C Preferred Stock to Clarkston Companies, Inc., an affiliate of board member Jeffrey Hakala, raising $8 million in proceeds earmarked for working capital and general corporate purposes under a securities purchase agreement containing customary representations and warranties. On the same date, the company filed a Certificate of Designation in Michigan formally establishing the Series C Preferred Stock, which carries a $5,000 issue price per share, a 15% annual dividend, senior ranking to common stock in dividends and liquidation, a maturity date of April 2, 2027, and a company-only optional redemption feature at issue price, underscoring a significant capital infusion on relatively high-cost terms that prioritize preferred holders over common shareholders.

The most recent analyst rating on (PRHI) stock is a Hold with a $0.95 price target. To see the full list of analyst forecasts on Presurance Holdings stock, see the PRHI Stock Forecast page.

Spark’s Take on PRHI Stock

According to Spark, TipRanks’ AI Analyst, PRHI is a Neutral.

The overall stock score of 41 reflects significant financial challenges, including declining revenues and negative cash flows, which are compounded by bearish technical indicators. The negative P/E ratio and lack of dividend yield further highlight valuation concerns. Strategic improvements are necessary to enhance the company’s financial health and investor appeal.

To see Spark’s full report on PRHI stock, click here.

More about Presurance Holdings

Presurance Holdings, Inc. is a Michigan-incorporated company that issues preferred and common stock and accesses private capital markets, with its capital structure including multiple series of preferred shares that rank ahead of common equity in terms of dividends and liquidation preference.

Average Trading Volume: 706,433

Technical Sentiment Signal: Sell

Current Market Cap: $9.51M

Learn more about PRHI stock on TipRanks’ Stock Analysis page.

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