Oxbridge Re Holdings Ltd - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the results of the 2021 Annual Meeting of Shareholders held on June 2, 2021. The company is incorporated in the Cayman Islands. As of the record date of April 23, 2021, 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 and shareholder voting outcomes.
Material Changes and Voting Results
Three proposals were submitted to a vote of security holders:
- Proposal 1: Election of Directors - Four nominees were elected to serve until the 2022 annual meeting.
- Sanjay Madhu: 1,072,893 For, 17,110 Against, 14,769 Abstain
- Krishna Persaud: 1,024,555 For, 65,447 Against, 14,770 Abstain
- Ray Cabillot: 1,075,893 For, 14,102 Against, 14,777 Abstain
- Mayur Patel, M.D.: 1,065,703 For, 25,800 Against, 13,269 Abstain
- Proposal 2: Approval of 2021 Omnibus Incentive Plan - Approved by shareholders.
- For: 792,601
- Against: 311,457
- Abstain: 714
- Broker Non-Votes: 0
- Proposal 3: Ratification of Independent Auditor - The appointment of Hacker, Johnson & Smith, P.A. for the fiscal year ending December 31, 2021, was ratified.
- For: 2,914,053
- Against: 50,661
- Abstain: 3,449
- Broker Non-Votes: 0
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management commentary on financial outlook, specific risks, contingencies, or unusual items beyond the standard disclosure of the meeting results.
Key Facts for Investor Verification
- Verify the total number of shares outstanding (5,733,587) against the company's most recent 10-K or 10-Q filings.
- Confirm the terms of the newly approved 2021 Omnibus Incentive Plan in the referenced Proxy Statement.
- Review the full Proxy Statement for detailed biographies of the elected directors and the specific provisions of the incentive plan.
- Note that the independent auditor for the 2021 fiscal year is Hacker, Johnson & Smith, P.A.