Oxbridge Re Holdings Ltd - 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Security Holders held on August 7, 2015. The registrant, Oxbridge Re Holdings Ltd, is incorporated in the Cayman Islands. As of the record date of June 30, 2015, there were 6,060,000 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 matters regarding shareholder voting.
Material Changes and Voting Results
Two proposals were submitted to a vote of security holders:
- Proposal 1: Election of Directors - Six nominees were elected to serve until the 2016 annual general meeting. All nominees received majority support.
- 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, 2015, was ratified.
| Director Nominee | Votes For | Votes Against | Abstain |
|---|---|---|---|
| Paresh Patel | 2,414,332 | 24,879 | 10,001 |
| Sanjay Madhu | 2,412,974 | 26,237 | 10,001 |
| Krishna Persaud | 2,412,893 | 25,818 | 10,501 |
| Ray Cabillot | 2,393,511 | 25,700 | 30,001 |
| Allan Martin | 2,383,086 | 36,125 | 30,001 |
| Mayur Patel, M.D. | 2,373,907 | 45,304 | 30,001 |
Auditor Ratification Vote:
- For: 5,416,106
- Against: 9,500
- Abstain: 97,601
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
- Confirmation that the six elected directors will serve until the 2016 annual meeting.
- Verification of the independent auditor appointment for the fiscal year ending December 31, 2015.
- Review of the specific vote counts to assess shareholder sentiment, noting that Mayur Patel, M.D. received the highest number of "Against" votes among the director nominees.