牛津剑桥再保险控股公司启动战略审查;股价上涨10%

2024-06-10 20:20

Oxbridge Re Holdings' (NASDAQ:OXBR) board started evaluating ways to maximize shareholder value, the reinsurance company said on Monday. Oxbridge Re shares jumped 10% in premarket trading.
The company will review a range of alternatives for the company and/or its Web-3 division SurancePlus Holding, including a sale, spinout, merger, divestiture, recapitalization, or continuing to operate as a public, independent company.
Oxbridge Re (OXBR) offers real-world assets, initially in the form of tokenized reinsurance securities, and reinsurance to property and casualty insurers.
The company's board hasn't set a timetable for the process. The company said there is no assurance that the review will result in any transaction or other strategic change. Neither can it assure shareholders that any transaction pursued as a result of the review would be completed on attractive terms, it said.

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