share_log

Oxbridge Re Considering A Full Range Of Strategic Alternatives For The Co, And/ Or Its Web-3 Division Subsidiary SurancePlus Holdings, Including A Sale, Spinout, Merger, Divestiture, Recapitalization, And Other Strategic Transactions, Or Continuing To...

Benzinga ·  Jun 10 20:10

Oxbridge Re Considering A Full Range Of Strategic Alternatives For The Co, And/ Or Its Web-3 Division Subsidiary SurancePlus Holdings, Including A Sale, Spinout, Merger, Divestiture, Recapitalization, And Other Strategic Transactions, Or Continuing To Operate As A Public, Independent Company

Oxbridge Re Holdings Limited (NASDAQ: OXBR), (the "Company"), together with its subsidiaries is engaged in the business of tokenized Real-World Assets ("RWAs") initially in the form of tokenized reinsurance securities, and reinsurance solutions primarily to property and casualty insurers, today announced that its Board of Directors has initiated a process to evaluate strategic alternatives to maximize shareholder value. As part of the evaluation process, the Company will consider a full range of strategic alternatives for the Company, and/or its Web-3 division subsidiary SurancePlus Holdings Ltd, including a sale, spinout, merger, divestiture, recapitalization, and other strategic transactions, or continuing to operate as a public, independent company.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment