Oxbridge Re Holdings Ltd - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the results of the 2018 Annual Meeting of Shareholders held on May 11, 2018. The registrant, Oxbridge Re Holdings Ltd, is incorporated in the Cayman Islands. As of the record date of April 3, 2018, there were 5,733,587 ordinary shares outstanding and entitled to vote.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
The following proposals were submitted to a vote of security holders:
- Proposal 1: Election of Directors - Four nominees were elected to serve until the 2019 annual meeting. The vote tabulation was as follows:
- Sanjay Madhu: 2,999,915 For; 1,412 Against; 85,040 Abstain.
- Krishna Persaud: 3,084,837 For; 1,510 Against; 20 Abstain.
- Ray Cabillot: 3,086,337 For; 10 Against; 20 Abstain.
- Mayur Patel, M.D.: 3,085,837 For; 510 Against; 20 Abstain.
- Proposal 2: Ratification of Independent Auditor - The appointment of Hacker, Johnson & Smith, P.A. as the independent auditor for the fiscal year ending December 31, 2018, was ratified.
- Votes For: 3,086,367
- Votes Against: 0
- Abstain: 0
- Broker Non-Votes: 2
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Verify the total number of shares outstanding (5,733,587) against the company's most recent quarterly or annual report.
- Confirm the tenure of the newly elected directors, which extends until the 2019 annual general meeting.
- Note the significant number of abstentions (85,040) for the election of director Sanjay Madhu compared to other nominees.
- Confirm the engagement of Hacker, Johnson & Smith, P.A. as the independent auditor for the 2018 fiscal year.