FX.co ★ Oxbridge Re Holdings Begins Evaluating Strategic Alternatives

Oxbridge Re Holdings Ltd. (OXBR) and its subsidiaries announced on Monday that the Board has begun evaluating strategic alternatives aimed at maximizing shareholder value. Potential actions under consideration include a sale, spin-off, merger, divestiture, recapitalization, other strategic transactions, or continuing its operations as a public, independent entity.

Jay Madhu, CEO of Oxbridge Re Holdings, stated: "To reinforce our strategic vision, we are committed to exploring opportunities that will deliver value to our stakeholders and ensure continued success in our evolving industries."

On the Nasdaq pre-market trade, OXBR experienced a 10.09 percent increase, trading at $2.40.