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 |
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 |
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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