OXBRIDGE RE HOLDINGS Ltd (OXBR): Entry into a Material Definitive Agreement
OXBRIDGE RE HOLDINGS Ltd (OXBR) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-1.1 2 ex1-1.htm EX-1.1 Exhibit 1.1 Oxbridge Re Holdings Limited Ordinary Shares (par value $0.001 per share) At-the-Market Sales Agreement Sales Agreement June 22, 2026 Chardan Capital Markets LLC One Pennsylvania Plaza, Suite 4800 New York, New York 10119 Ladies and Gentlemen
How this was made
The 30-second read
Why it matters
The key tradable implication is potential future share issuance under the ATM program, which can create dilution risk and affect valuation multiples until actual sales/pricing and proceeds use are known.
Market read
ATM entry is a concrete capital-markets event; traders may adjust expectations for dilution and near-term supply overhang.
What to watch
The excerpt doesn’t state the maximum dollar amount, expected sales schedule, or intended use of proceeds—those details would determine whether the ATM is a routine liquidity tool or a funding stress signal.
Background
The 8-K reports entry into a Material Definitive Agreement: an at-the-market (ATM) sales agreement with Chardan Capital Markets, tied to an effective Form S-3 registration statement.
Ticker impact
Oxbridge Re Holdings entered an at-the-market sales agreement, allowing it to issue and sell ordinary shares through Chardan under a Form S-3 shelf.
Near-term bias slightly negative/volatile on dilution overhang; magnitude depends on actual sales pace and proceeds use (not disclosed here).
The filing discloses the company’s entry into an ATM sales agreement and the governing registration statement, but provides no pricing, size, or proceeds allocation in the excerpt.
Market effects
Adds another example of small/microcap using ATM financing, which can modestly affect sentiment toward similar issuers’ equity funding risk.
Limited direct regional spillover; primarily affects the issuer’s own liquidity/dilution expectations.
Low—this is a company-specific capital-raising mechanism with no cross-border deal terms disclosed in the excerpt.
Counterpoint
If the company’s ATM is used opportunistically at favorable prices or to fund accretive growth, the dilution concern may be overstated.
Key entities
- issuerOxbridge Re Holdings Limited
Cayman Islands exempted company that entered the ATM sales agreement to issue and sell ordinary shares from time to time.
- agentChardan Capital Markets LLC
Sales agent/principal under the ATM agreement through which placement shares may be sold.
- filingSEC Form S-3 (File No. 333-287186)
Registration statement referenced as effective for the issuance of placement shares under the ATM.
