Oxbridge Re Holdings (OXBR) just unveiled an update.
Oxbridge Re Holdings Limited and its subsidiary SurancePlus are launching a new investment opportunity through the offering of Participation Shares, represented by EpsilonCat Re digital tokens. These tokens, priced initially at $10 each, will not equate to equity in SurancePlus but will grant contractual rights and a potential preferred return plus additional earnings. Aimed at accredited U.S. investors and non-U.S. persons under specific regulatory exemptions, the offering’s success remains uncertain, and the tokens are not registered under U.S. securities laws. Proceeds from the sale will fund the purchase of participating notes from Oxbridge Re NS, which invests in collateralized reinsurance contracts.
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