oxbr_8k.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): December 8, 2021

 

OXBRIDGE RE HOLDINGS LIMITED

(Exact Name of Registrant as Specified in Charter)

 

Cayman Islands

 

001-36346

 

98-1150254

(State or Other Jurisdiction

of Incorporation)

 

(Commission File Number)

 

(I.R.S. Employer
Identification No.)

 

Suite 201,

42 Edward Street, Georgetown P.O. Box 469

Grand Cayman, Cayman Islands

 

KY1-9006

(Address of Principal Executive Office)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (345) 749-7570

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class:

Trading symbol

Name of each exchange on which registered

Ordinary Shares (par value $0.001)

OXBR

The Nasdaq Stock Market LLC

Warrants to Purchase Ordinary Shares

OXBRW

The Nasdaq Stock Market LLC
(The Nasdaq Capital Market)

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

  

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer or Listing.

 

As reported on the Current Report on Form 8-K of Oxbridge Re Holdings Limited, as filed with the Securities and Exchange Commission on July 6, 2021, Dr. Mayur Patel resigned from the board, and consequently resigned as a member of the Audit Committee effective June 30, 2021. On November 12, 2021, the board appointed Ms. Lesley Thompson, a member of the board who meets all audit committee independence and other eligibility requirements identified in Nasdaq Listing Rule 5605(c)(2)(A)(the “Rule”), to serve as a member of the Audit Committee.

 

On December 8, 2021, Oxbridge Re Holdings Limited (the “Company”) received a letter (the “Letter”) from The Nasdaq Stock Market (“Nasdaq”) notifying the Company of the Nasdaq Staff’s determination that during the period from June 30, 2021 to November 12, 2021, the Company’s audit committee did not comply with Nasdaq’s audit committee composition requirements set forth in the Rule. With the replacement of Dr. Patel on the audit committee with Ms. Thompson, the Nasdaq Staff has determined that the Company is now in compliance with the Rule, and that subject to reporting receipt of the Letter herein, the matter was now closed.

 

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 OXBRIDGE RE HOLDINGS LIMITED
    
Date: December 13, 2021 /s/ Wrendon Timothy

 

 

Wrendon Timothy

Chief Financial Officer and Secretary

(Principal Accounting Officer and

Principal Financial Officer)

 

 

A signed original of this Form 8-K has been provided to Oxbridge Re Holdings Limited and will be retained by Oxbridge Re Holdings Limited and furnished to the Securities and Exchange Commission or its staff upon request.

 

 

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