Oxbridge announces Strategic Partnership with Zoniqx a pioneer in digital asset management & a successful capital raise for Epsilon Cat Re
OXRE(OXBR) GlobeNewswire News Room·2024-07-17 12:15
Additionally SurancePlus Inc., a subsidiary of Oxbridge, completed a private placement of 287,705 Participation Shares represented by the digital tokens, EpsilonCat Re under a 3-year Participation Share Investment Contract, raising approximately $2.88 million. The offering is the second year of the Cat Re series. The tokens have been issued on the Avalanche blockchain and have a targeted 42% return. The EpsilonCat Re tokens were offered to United States ("US") accredited investors under Rule 506(c) of US Se ...