Oxbridge Re Holdings Ltd - 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the 2022 Annual Meeting of Shareholders held on June 1, 2022. The company is incorporated in the Cayman Islands and its ordinary shares trade on The Nasdaq Stock Market LLC under the symbol OXBR.
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 matters and shareholder voting results.
Material Changes and Voting Results
On the record date of April 22, 2022, there were 5,781,587 ordinary shares outstanding and entitled to vote. Two proposals were submitted to shareholders:
- Proposal 1: Election of Directors - Five nominees were elected to serve until the 2023 annual meeting.
- Sanjay Madhu: 2,041,081 For, 6,918 Against, 6,303 Abstain.
- Krishna Persaud: 2,026,126 For, 21,872 Against, 6,304 Abstain.
- Ray Cabillot: 1,851,848 For, 196,187 Against, 6,267 Abstain.
- Wrendon Timothy: 2,026,229 For, 21,816 Against, 6,257 Abstain.
- Lesley Thompson: 2,025,294 For, 6,692 Against, 22,316 Abstain.
- Proposal 2: Ratification of Independent Auditor - The appointment of Hacker, Johnson & Smith, P.A. for the fiscal year ending December 31, 2022, was ratified.
- Votes For: 4,158,505
- Votes Against: 1,536
- Abstain: 13,373
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 (5,781,587) against the company's most recent 10-K or 10-Q filings.
- Note the significant number of "Against" votes for director nominee Ray Cabillot (196,187) compared to other nominees.
- Confirm the tenure of the newly elected directors, which extends until the 2023 annual meeting.
- Verify the independence and qualifications of the newly ratified auditor, Hacker, Johnson & Smith, P.A.