OXBRIDGE RE HOLDINGS Ltd

Oxbridge Re Holdings Limited has entered into a new At-the-Market Sales Agreement with Chardan Capital Markets LLC, allowing the company to sell ordinary shares periodically. This agreement replaces a previous one with Maxim Group LLC. The company plans to use the net proceeds for general corporate purposes, including funding its reinsurance operations.

Oxbridge Re Holdings Limited and its subsidiary SurancePlus announced annualized returns of 29.3% and 43.4% for their 2025-2026 EtaCat Re and ZetaCat Re tokenized reinsurance offerings, respectively. These results exceeded the original target returns of 20% and 42%, validating SurancePlus' underwriting strategy and the value of tokenized real-world assets. Additionally, the company fully repaid a $1.0 million short-term promissory note, eliminating all outstanding debt and strengthening its financial position for strategic growth.

Oxbridge Re Holdings Limited, through its subsidiary SurancePlus, announced an agreement with HCI Group, Inc. to launch three tokenized reinsurance securities. These securities, labeled HCI Re 2026 Series A, B, and C, will be issued on the Solana blockchain and provide synthetic contractual returns based on HCI's Fortex Reinsurance contracts. The offerings target annualized investor returns of up to 243% and are expected to add approximately $12 million to SurancePlus's balance sheet, while expanding access to reinsurance for qualified investors with minimum investments starting at $5,000.

Oxbridge Re Holdings reported Q1 2026 net income of $22,000, a significant improvement from a net loss of $139,000 in Q1 2025. The company's SurancePlus token platform showed strong performance, with the Balanced Yield Token (EtaCat Re) now anticipated to achieve a 25% annual return (up from 20%) and the High Yield Token (ZetaCat Re) on track for its 42% target. Cash and restricted cash increased to $8.19 million, reflecting balance sheet strength. The company is also exploring expanding its model into other high-quality, cash-generating asset categories like tokenized data center revenue streams, while net premiums earned decreased and total expenses and combined ratio increased.

Oxbridge Re Holdings Ltd reported a net income of $22 thousand for the first quarter of 2026, a significant improvement from a net loss of $139 thousand in the same period last year. Total revenue for the quarter decreased to $623 thousand from $692 thousand year-over-year. The company's total assets increased to $8.74 million, and total shareholders' equity rose to $6.10 million as of March 31, 2026. A new loan payable of $1 million was recorded during the period.

Oxbridge Re Holdings Limited announced it will host a conference call on Monday, May 11, 2026, at 4:30 p.m. Eastern time to discuss its first quarter results for the period ending March 31, 2026. The company plans to release its financial results in a press release after the market closes on the same day. Management will host the call, which will include a question and answer session.

Oxbridge Re Holdings Limited announced its Annual General Meeting of Shareholders (AGM) will be held on June 12, 2026, at 12:00 p.m. local time. Shareholders will vote on three key proposals: the election of five directors, the ratification of Hacker, Johnson & Smith, P.A. as independent auditors for fiscal year 2026, and a non-binding advisory vote on executive compensation. The Board of Directors unanimously recommends voting "FOR" all proposals. The record date for voting is April 15, 2026.